As 2020 draws to a close, trends identified by Ai Palette suggest that Covid-19 will have a long-lasting impact on Asia’s food preferences.
The Bengaluru-based startup claims to be “the world’s largest fully integrated online brand in fresh fish and meat e-commerce.”
The Indian food delivery unicorn is planning to go public in H1 2021.
Ninjacart, which helps farms sell produce directly to restaurants and retailers, previously received investment from the pair in December last year.
The funding will enable the Indian startup to take its rapid soil testing kit and analytics services to the country’s 130 million smallholder farmers.
Find out how three of the world’s biggest retailers – Carrefour, Ikea, and Tesco – are tackling food waste within their own operations and supply chains.
Delivery app Dunzo reported a tripling in demand amid the country’s continuing Covid-19 outbreak, while rival e-grocer BigBasket saw new customer numbers rise 84%.
India will be home to more than 1.4 billion people by 2030. Unlike consumers in Europe and the US, they’ll be looking to eat more meat – not less.
Israel’s SupPlant and US-based ClimaCell have joined forces to make precision ag insights more accessible to low-income farmers in emerging markets.
The Bengaluru-based startup provides a platform for smallholders to purchase inputs, secure credit, and engage data-led advisory services.
Downstream investment declined by 67% year-on-year. But upstream funding more than doubled, as startups and investors zeroed in on farm and supply chain solutions.
Indian actors Genelia and Riteish Deshmukh launched Imagine Meats with Good Food Institute and Archer Daniels Midland support, marking the latest celebrity foray into agrifoodtech in recent months.
Backed by the likes of Facebook, Intel, and now Google, Reliance Industries’ Jio Platforms is an Indian agrifoodtech giant in the making.
The Google for India Digitization Fund will invest in equity fundings, partnerships, and infrastructure in ag, health, and education, among other areas.
Agriculture secretary Sanjay Agarwal told AFN in an interview that India’s new farmer laws are a boost for smallholders and tech entreprenuers alike.
Moving towards more climate-resilient agriculture and food production was already imperative for India. The Covid-19 pandemic has made it even more urgent.
Arkam Ventures led the pre-Series A investment in Jai Kisan, which wants to increase Indian farmers’ access to financial services – and lenders’ access to farmers.
Microsoft for Agritech Startups will offer a range of tech tools to early-stage Indian companies, as well as co-selling and co-development opportunities.
New research suggests that there are big opportunities for alt-protein makers in the Indian market – as long as they know who their audience is.
“You have 130 million farmers plus their families who are vulnerable… Traditional urban insurance brokers do not understand [their] needs,” founder Jatin Singh told AFN.
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