Connect with:
Monday / February 3. 2025

logo
mobile-logo
HomePosts Tagged "Sahyadri Farmers Producer Company"
Agribusiness, Company News, Finance, Horticulture, India

The Company will utilise the funds to expand climate-resilient patented varieties of table grapes and citrus and augment its packhouse and processing capacities for fruits and vegetables.

Sahyadri Farms Post Harvest Care Limited, India’s largest fully integrated and tech-enabled horticulture platform, has raised Rs 390 Crore from Europe-based PE fund responsibility, and US-based PE fund GEF Capital Partners, along with participation from all existing investors-FMO, Proparco, Incofin and Korys.

The Company will utilise the funds to expand climate-resilient patented varieties of table grapes and citrus and augment its packhouse and processing capacities for Fruits and Vegetables (FnV) and value-added products like aseptic, IQF, freeze-dried, juice concentrates and dry fruits.

Sahyadri Farms operates an end-to-end FnV supply chain from facilitating farmers/FPOs to grow international- quality produce to primary/secondary processing to marketing the products to marquee international and domestic customers.

Started in 2011 by a handful of grape farmers under the visionary leadership of Vilas Shinde, the Company has grown to become a multi-crop, multi-product and multi-channel distribution network providing digitally enabled fully integrated value chain to 25,000+ registered farmers and more than 200 institutional clients across 40+ countries.

The Company raised its first institutional round of Rs 310 Crore in September 22 from FMO, Proparco, Incofin and Korys. In last two years, the Company has nearly doubled its revenue to Rs 1,482Cr in FY24 with healthy profitability and with this additional funding, the business is projected to further grow at 40 per cent CAGR over the next five years.

The Company will utilise the funds to

Agrotech, Company News, Horticulture, India, Start ups

The plant with the capacity of processing 100 tonnes of cashew per day while processing cashew will also produce oil from cashew shells.

India’s leading grape exporter Nashik-based Sahyadri Farmers Producer Company has set up Maharashtra’s biggest cashew processing plant at its Mohadi campus in Nashik district in an effort to build a value chain of cashew which is a vital crop in Konkan and the tribal belt of the State.  

The plant with the capacity of processing 100 tonnes of cashew per day while processing cashew will also produce oil from cashew shells which will help to elevate the economic status of the farmers.

Vilas Shinde, President and Managing Director of Sahyadri said that despite being the leading cashew producer in the world, India is not even able to meet the domestic requirement. “There is immense opportunity in cashew farming and business as cashew has the potential to revolutionize the economy of Konkan and areas in the Sahyadri mountain range,” he said.       

Shinde added that along with increasing the average productivity of cashews, it is necessary to focus on setting up big projects for cashew pulp and cashew nut products.  “This will not only increase the income of the cashew farmers but also create job opportunities in the villages and curb migration to cities”  

Started in 2010 with a group of 10 farmers, Sahyadri Farms took the initiative in collectively producing and exporting fresh grapes to Europe. That initiative has grown into the leading fruits and vegetable export and processing company that Sahyadri Farms is today, servicing over 18,000 farmers, covering more than 31,000 acres and 9 crops. The company walks with its farmers from their choice of crops to the farming practices they employ, from the inputs they use to how they harvest and sell their agricultural products.

The plant with the capacity of processing