UPDATE: Bigbasket banks $60m bridge funding from Alibaba, others to meet Covid-19 demand
This latest investment comes as the e-grocer faces mounting demand for its delivery services from a locked-down India.
This latest investment comes as the e-grocer faces mounting demand for its delivery services from a locked-down India.
The South Korean e-grocer claims to have introduced the first end-to-end e-commerce cold chain in the country, and almost trebled its registered users last year.
There’s a certain level of intuition and experience it takes to know when a sow needs help that this startup is hoping to digitize.
Swiggy will use the capital to expand beyond its core offering of on-demand food delivery, while Alibaba-aligned archrival Zomato is also securing funds.
The Indian ag marketplace is seeing “mixed” demand in the midst of Covid-19, with fruit and veg flying off the shelves but corn proving harder to shift.
The BAT group of companies may have invested less in agrifood startups in 2019 than in previous years – but they’re still betting big on the sector.
Chilibeli’s agent network gives housewives the opportunity to re-sell fresh farm produce in their local communities at competitive prices.
Dutch company VanderSat’s technology is kind of out of this world; measuring and mapping the soil’s moisture from a constellation of satellites in space using “passive microwave” technology, accompanied by a lot of complex mathematics to make sense of the data.
Luckin Coffee scored one of China’s top agrifoodtech startup fundings just before its May IPO, while e-grocer MissFresh landed the country’s biggest deal.
TaniHub Group provides e-commerce, logistics, and financing services to Indonesian smallholders, helping them sell their produce to over 120,000 business and retail customers.
Alternative protein had a blockbuster year in 2019, doubling its 2018 funding dollars to $1 billion.
The brand recently raised a $2.7m seed round for its private-label snack line and platform helping other companies identify ingredients grown with regenerative practices.
The women-led startup is tackling wastewater in aquaculture while selling a valuable silica extract with applications in multiple industries.
Amatil X has invested in Kargo Technologies, a ‘truck-hailing’ platform that also counts Travis Kalanick’s VC firm as an investor.
Users can order health-conscious meals, groceries, and supplements through the Indian startup’s wellness marketplace.
The Singaporean startup’s blockchain platform offers enhanced supply chain visibility to the fruit industry – and it has Latin America in its sights.
The third edition of AgFunder’s annual China AgriFood Startup Investing Report shows that the trade war and swine flu have taken a toll – but there are still plenty of reasons to be bullish.
Nature’s Fynd is a food brand using a proprietary volcanic microbe-produced protein, dubbed Fy, which contains all nine essential amino acids as well as dietary fiber, calcium, and vitamins.
Nusantics is aiming for a “bio-based future [of] value-added lifestyle products such as skincare, personal care, food, and beverage”.
The investment dovetails neatly with Meituan Dianping’s wider offerings, including doorstep meal delivery, groceries delivery, and restaurant reservations and recommendations.
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International Fresh Produce Association launches year 3 of its produce accelerator