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Finance

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…

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…

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