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Finance

French startup Naïo Technologies raises € 14 million to expand eco farming robots  

The new investment  will enable Naïo Technologies to further capitalize on its position as a leader in agricultural robotics and reach the next level of technology maturity in order to…

Raymond’s JK Trust receives grant Rs 4.83 crore to bolster cattle breeds with IVF

The project JK BovaGenix is an initiative of JK Trust. JK Trust, promoted by Raymond’s CMD, Gautam Hari Singhania, engaged in livestock breed improvement through its pioneering project in embryo…

Agritech start up Ninjakart raises  $10 mn from Flipkart India and Singapore-based GEC3  

Ninjacart will look to expand its customer base, expansion in new cities, and to enhance the efficiency of the local fresh produce ecosystem   Agritech Startup Ninjacart has secured Rs…

Protein Industries Canada invests more than $27 mn in Canola breeding project

The consortium, led by Corteva Agriscience and includes Bunge, a leading canola processor, and Botaneco, will invest $14.05 million, with a $13.6 million investment from Protein Industries Canada. Protein Industries…

PI Industries completes acquisition of Isagro Asia

The total transaction is valued at Rs 345 crore plus surplus cash on closing date subject to final adjustments for net working capital.   PI Industries has recently  completed the process…

TechnifyBiz raises $2mn from Omnivore and Insitor Impact Asia Fund

Funding will help the firm double its base of small and medium enterprises (SME) food processors and farmer groups across the country. Business-to-business (B2B) food commodity marketplace TechnifyBiz stated recently…

Licious raises Series E funding $30 mn, from Vertex Growth Fund

The round was led by Singapore-based Vertex Growth Fund, along with existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund.  Banglore based …

FarmERP raise Series A funding from Singapore-based strategic investor Technogen

The company will use the funding to combine the FarmERP platform with Climate Resilient Intelligence Singapore-based strategic investor Technogen has invested in FarmERP, which is building AI-based Climate Resilience Intelligence,…

First Tripartite MoA signed to address the Infrastructure needs for fisheries

The first tripartite Memorandum of Agreement was signed between the department of Fisheries Government of India, NARBARD and the Government of Tamil Nadu for the implementation of Fisheries and Aquaculture…

Agritech start-up Nu Genes raises $6 Mn to promote climate adoptable crops

Funds will be used to expand its presence and take its agriculture-based products to the global level.   Agri-tech start up Nu Genes Private Limited has raised $6 million from…

Utkal Tubers India Pvt Ltd to raise $5 million to increase potato seed output

Utkal plans to increase the production by investing in research and development, introducing new high-quality proprietary varieties of seeds    Bengaluru-based Utkal Tubers India Pvt Ltd, a potato seed producer,…

Experts demand scrapping GST on agri-inputs in pre- budget meet

Development of agro-medicinal forestry, crop diversification, revisiting of Food Security Act, extending subsidy to producers of green manure, etc. were recommended by experts The government should remove GST on agri-inputs,…

Agritech start-up Bijak raises $2.5 Mn from Omnivore, Omidyar Network

Bijak would utilise the fund on new technology and hiring fresh talent, among others. Agritech start-up Bijak on recently announced that it has raised over USD 2.5 million (about Rs…

ICAR signs MoU with NABARD to promote sustainable agriculture

The MoU aims to promote the sustainable agriculture and climate resilient farming systems. Government’s agriculture research body, Indian Council of Agricultural Research (ICAR) recently signed a deal with the National…

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