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Agro Universities, Funding, Start ups

A total of INR 14.6 Crores has been disbursed to startups under startup support schemes out of which INR 1.30 Crores have been sanctioned to 13 Agri-focused startups in FY 23-24 by RKVY RAFTAAR RABI scheme

“Uttishtha 2024,” the 7th edition of the biggest agri start-up expo, has concluded with great fanfare after two days of talent, innovation, and creativity organised by the Foundation for Innovation and Entrepreneurship Development [FIED] and E-Cell at IIM Kashipur. The event showcased several forward-thinking startups run by bright young people from all around the nation.

IIM Kashipur’s FIED-funded startups were Krushika Naturals Pvt. Ltd. 25 Lakhs, Himshilpi Hunar LLP 5 Lakhs, Zarin Gourmet Pvt Ltd 25 Lakhs, MyPahadiDukan 25 Lakhs, BABA Agrotech 20 Lakhs, SS Agriculture Innovations Pvt Ltd 5 Lakhs, and Svastha Samriddhi Pvt Ltd 25 Lakhs. This funding aims to catalyse the growth of these ventures and contribute to the entrepreneurial ecosystem.

A total of INR 14.6 Crores has been disbursed to startups under startup support schemes out of which INR 1.30 Crores have been sanctioned to 13 Agri-focused startups in FY 23-24 by RKVY RAFTAAR RABI scheme by Ministry of Agriculture & Farmers Welfare & INR 2.89 Crores have been sanctioned to 13 startups under Startup India Seed Fund Scheme.

With the aid of IIM Kashipur’s FIED, several brilliant startups, such as Bijak, Loopworm, Greenpod Labs, InfyU Labs, Agronxt, Industill, and Ikayu Foodlabs, have raised INR 320 Crores and more in funding from outside venture capital firms and angel investors. Under the Ministry of Agriculture & Farmers Welfare’s RKVY RAFTAAR RABI scheme, IIM Kashipur FIED has provided funding and business training to 200+ startups since its founding in 2018, including 68 with an agri-focused focus.

100 promising agri-startups and community-focused businesses from the Uttarakhand hills participated in the agriculture fair, showcasing their goods and services that support the agricultural industry and its supporting ecosystems.

A total of INR 14.6 Crores has

Sustainability

It will be the first landmark global event in the Greater Mekong Subregion

Thailand is hosting the International Horticultural Expo 2026 in Udon Thani, a northeastern province. It will be the first landmark global event in the Greater Mekong Subregion. The mega-event will be featuring the theme “Diversity of Life: Connecting Water, Plants, and People for Sustainable Living” driven by the ‘3S’ food and farming policy and BCG economic model of the government and SDGs of the United Nations.

At the annual general meeting 2022 in Dubai, United Arab Emirates, the International Association of Horticultural Producers (AIPH) agreed to the Thai proposal in which International Horticultural Expo 2026 will be hosted in Udon Thani province during November 1, 2026 to March 14, 2027. The proposed theme is “Diversity of Life: Connecting Water, Plants, and People for Sustainable Living”, citing the site’s unique wetland area and the special connection between water, natural resources, and the people living in it. 

Presenting the proposal at the handover ceremony of the event to a new host destination was HE Dr Chalermchai Sree-on, Minister of Agriculture and Cooperatives,who was head of the Thai delegation.

According to Dr Chalermchai, Thailand is committed to contributing to the global food security through the ‘3S’ farming and food policy, focusing on Food Safety, Food Security, and Sustainability. This aims to fulfill the United Nations Sustainable Development Goals while adhering to the climate aspiration of the Paris Agreement. Such commitment can serve the theme and presentation of the Expo in Udon Thani and will help shed light on the sustainability issue, inspire and ignite collaboration on global actionable measures towards sustainability living with minimal cost to the ecosystem’.

Chiruit Isarangkun Na Ayuthaya, President of Thailand Convention and Exhibition Bureau (TCEB), who represented Thailand in the official bid for the Expo, emphasised the government’s development strategy and national agenda to promote the Bio-Circular-Green Economy Model or BCG as a new development model that seeks to drive socio-economic growth while minimising and even reversing the negative impacts on the environment. The strategy will be of great contribution to Udon Thani International Horticultural Expo 2026.

The Udon Thani Expo 2026 is expected to cost 2,500 million baht in investment and attract 3.6 million visitors over 134 days during the expo.

It will be the first landmark global

Start ups

Dr Abhilaksh Likhi has invited the start-ups and FPOs to submit their proposals

As part of India’s efforts to showcase the country’s investment-friendly policies and growth opportunities in agriculture and allied sectors at EXPO2020 Dubai, Dr Abhilaksh Likhi, Additional Secretary, Ministry of Agriculture & Farmers Welfare, has invited the start-ups and FPOs (Farmer Producer Organisations) to submit their proposals to the ministry, and assured them that they would be considered for providing equity grants, management costs, and other available support measures. Dr Likhi suggested this at the inauguration of ‘Food, Agriculture and livelihood’ fortnight at the India Pavilion in EXPO2020 Dubai.

Shubha Thakur, Joint Secretary (Crops & Oil Seeds), Ministry of Agriculture and Farmers Welfare, T R Kesavan Group President (Corporate Relations & Alliances) Tractors and Farm Equipment Ltd (TAFE), Srinivas Kuchibhotla, Partner, KPMG, among other officials from the ministry also attended the event.

The ‘Food, Agriculture and Livelihood’ fortnight (February 17th – March 2nd) will comprise various sessions which will be presided over by representatives from the Ministry of Agriculture & Farmers Welfare, Ministry of Fisheries, Animal Husbandry & Dairying, Ministry of Cooperation.

On the theme for the first week of the fortnight, that is, millets, Shubha Thakur said, “Millets is an important area for us, and we would like to utilise this global platform to learn about the health and nutritional aspects of millets and bring back the glory of millets.”

India produces all the nine commonly known millets and is the largest producer and second-largest exporter of millets globally.

During the launch of the ‘Millet’ theme as part of the ‘Food, Agriculture and Livelihood’ fortnight at the sector floor at the India Pavilion, the delegation led by Dr Likhi unveiled the Millet Book comprising nutritious and delightful recipes made using millets. The delegation also launched the first ‘Millet food festival’, during which the visitors will get to relish the healthy and nutritious delicacies prepared using the millets.

Dr Abhilaksh Likhi has invited the start-ups