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Finance

Pune -based Agritech start up Ecozen raise $ 6mn funding from IFA, Omnivore

The funds will also be used to scale up Eco-Connect exponentially in the coming year.  Agritech start up Ecozen on Thursday announced that the company has completed its $6 million…

 Walmart and Flipkart invest in Agri-supply chain start-up Ninjacart

Partnering with Ninjacart will help Walmart and Flipkart strengthen direct sourcing of fresh produce for Walmart India’s Best Price B2B cash-and-carry stores and Flipkart’s online grocery business Supermart. Walmart and…

A GST Burden on Smallholder Farmers

 BY Dr Bhagirath Chaudhary, Founder Director, South Asia Biotechnology Centre   Farmers are paying about Rs 15,000 crore GST annually on farm inputs to produce farm commodities Farmers are the…

M&M domestic tractor sales down by 19 per cent in November

Exports decreased sharply by 22 per cent at 618 units last month as compared to 790 units in November 2018.    Mahindra & Mahindra’s Farm Equipment Sector (FES), a part…

Multi-pronged strategy for farm resurgence

BY G. Chandrashekhar, Economist, Senior Editor and Policy Commentator; Consultant, U.N. International Trade Centre, Geneva. India ranks third in world agricultural output after USA and China. We have come a long…

Agri Supply chain start up Kamatan Farm Tech raise Rs 30 crore

Agri supply chain start-up Kamatan Farm Tech has raised Rs 30 crore in equity and debt financing from Samunnati Agro Solutions, the Delhi-based company announced in recent.  Kamatan, formed after…

Innovations required for successful Indian agriculture in future

Dr Ramesh Mittal Director CCS National Institute of Agricultural Marketing, Jaipur By the year 2050, annual food grain production would need to grow to 333 million tonnes. Despite the fact…

’Innovation in Food and Agriculture Fund’ Invests in Telluris Biotech

The Fund invests in innovation driven growth ventures with potential to transform the agri produce and market ready food products Innovation in Food and Agriculture Fund managed by Sathguru Catalyser Advisors commits investment…

High production & decline in exports likely to affect Cotton prices

According to the estimate of Cotton Corporation of India (CCI), cotton production is likely to increase 13.6% to 35.5 million bales (170kg) for the October 2019-to-September 2020 season   High…

NABARD to raise Rs 35,000 crore for agricultural development

NABARD still has headroom to raise about Rs 35,000 crore from the market to fund its business growth and also support various agricultural and rural development schemes of the government…

NCDEX launches India’s first Agri-Index

The National Commodity and Derivatives Exchange has launched India’s first agri index — ‘NCDEX Agridex’, for easy reference to price variations in agricultural commodities. Agridex is launched with a composition…

NABARD takes up 14 Agriculture sector projects in Andaman and Nicobar

The National Bank for Agriculture and Rural Development has taken up 14 projects in the agriculture sector in the Union territory of Andaman and Nicobar Islands with a total refinance…

Agri-Tech firm Fasal raised $ 1.6 million for expansion

Agricultural technology firm Fasal has raised $1.6 million (Rs 11 crore) in its seed round of funding led by impact investor Omnivore Agricultural technology firm Fasal has raised $1.6 million…

IFAD to invest US$ 30 million in Samoa for Small scale farming

IFAD invests US$ 30 million in Samoa to make small-scale farming and fishing more profitable and climate-proof The International Fund for Agricultural Development (IFAD) and Samoa have signed a financing…

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