Brief: Amazon launches agronomy service for Indian farmers
September 3, 2021
The US tech giant also said it’s building “robust temperature-controlled supply chain infrastructure” to preserve food quality and reduce waste.
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Tag: india
BREAKING: FMC, Omnivore lead $5m investment in Indian ag robotics startup TartanSense
August 25, 2021
Founder and CEO Jaisimha Rao claims it’ll have “the world’s largest fleet of agriculture robots in the next 18 months.”
India’s AgNext banks $21m Series A funding, delivers 5x return for exiting investor
August 20, 2021
The startup will use the capital to cement its presence in India and expand its food quality assessment platform to the Middle East and Europe.
Brief: Zomato sees share price leap 70% on Indian market debut
July 23, 2021
Zomato, which competes for the mantle of India’s top food delivery app with rival Swiggy, is reportedly valued at $12.2 billion post-IPO.
Indian fish farmer network Aquaconnect raises $4m from AgFunder, others
July 12, 2021
The Chennai-based startup will use the pre-Series A funds to strengthen its fintech offering, while also boosting the volume of seafood exports it handles.
Brief: Delhivery raises $277m in pre-IPO round
May 31, 2021
It started out as a last-mile food delivery app in 2011 before branching out to become a ‘full stack’ logistics and fulfillment platform.
Jai Kisan’s fintech for farmers nets $30m Series A from Mirae Asset, Syngenta
May 30, 2021
The Mumbai-based startup says it has handled rural business transactions worth over $385 million during the past year, financing more than 15% of them itself.
Brief: Indian food delivery app Zomato files for $1.1bn IPO
April 28, 2021
Zomato, which was founded in 2008, has raised a total of $2.1 billion to date from the likes of Ant Financial, Temasek, and Sequoia Capital.
Brief: Indian food delivery app Swiggy hits $5bn valuation; raises $800m from Goldman, others
April 6, 2021
Swiggy also secured investment from sovereign wealth funds Qatar Investment Authority and Singapore’s GIC, according to an internal memo.
Indian inputs platform sees shortcut to success with focus on midstream pain point
March 23, 2021
“If I tell suppliers I have 25% of retailers on my platform, that’s a very solid proposition compared to 5% of farmers,” Agrim co-founder Mukul Garg tells AFN.
India’s Pixxel scores $7.3m to bring hyperspectral imaging to ag & beyond
March 17, 2021
Today, Earthbound agriculture. Tomorrow, mining asteroids in outer space…
VC Q&A: Why India’s rural development bank invested in an online butcher’s $15m fundraise
March 4, 2021
TenderCuts is the first consumer-focused investment by the VC arm of state-owned agricultural bank NABARD, the fund’s CEO Rajesh Ranjan tells AFN.
Provivi raises $10m from Gates Foundation to bring insect pheromone tech to smallholder farmers
February 24, 2021
Provivi will use the funds to sell its pheremone-based pest control products to smallholder farmers in Kenya, Bangladesh, and India at cost.
DeHaat acquires Farm Guide to bolster platform with ‘unique’ smallholding spatial dataset
February 22, 2021
With this aqui-hire, DeHaat – which serves over 380,000 farmers across India – will be able to add financial services for farmers to its platform.
Brief: Indian e-grocer Grofers said to seek SPAC deal after stalled acquisition talks
February 15, 2021
Grofers is reportedly targeting a ‘reverse merger’ that would value it at around $1 billion after negotiations with prospective buyers hit a dead end.
BRIEF: India’s UPL partners with grain monitoring startup TeleSense to reduce food waste
January 28, 2021
TeleSense is partnering with UPL, which will deploy the US startup’s grain storage monitoring tech in an effort to reduce spoilage and waste.
Ag marketplace DeHaat banks $30m in Naspers-led Series C round
January 19, 2021
The Indian startup plans to build out its lending capabilities, as well as adding insurance and crop spraying to its roster of farmer-focused services.
Ag data player CropIn banks $20m from Temasek-linked impact fund, others
January 8, 2021
The Indian company will use the Series C funding to expand its global presence and provide its AI-driven agronomy and financing solutions to more customers.
Arya banks $21m in Quona-led Series B to boost financial inclusion for India’s farmers
December 15, 2020
Delhi-based Arya, which provides grain storage and loans to smallholders, is fintech investor Quona Capital’s second ag finance deal.
The 8 F’s of Indian agritech investing
December 10, 2020
Two Indian venture investors offer a breakdown of the country’s rapidly evolving agritech ecosystem from a product perspective.
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