“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.
The Indian startup offers a suite of software and hardware tools for assessing the quality of fresh produce. It will use the funding to expand in Asia and the US.
In this roundtable, execs from Waycool, Future Group, and RipePlanet give a detailed picture of Covid-19’s impact on the fresh produce sector.
Bira is one of a new crop of premium food, beverage, and restaurant brands in India and China that are garnering interest from tech VCs.
It “has blown away everyone’s expectations about how fast an agritech startup can grow in India,” hitting $150 million GMV within a year of launch, said investor Mark Kahn.
Ergos allows farmers to deposit their grain at a local micro-warehouse so that it can be ‘withdrawn’ at a different location, Aavishkaar’s Vineet Rai explains.
Facebook’s move to acquire 10% of the Indian telco is about a lot more than agriculture and supply chains. But its impact on the sector could be massive – here’s how.
Big Blue claims its weather monitoring tools can help farmers and agritech startups save costs and improve revenues through better decision-making.
Rebel Foods previously raised $125 million from Coatue, Goldman Sachs, Gojek, and Uber co-founder Travis Kalanick in its Series D round last year. It’s now expanding to Southeast Asia and the Middle East.
The ’30×30 Express’ grant program will fund local agrifood players – including urban farmers – who can increase domestic output of eggs, fish, and leafy vegetables.
This latest investment comes as the e-grocer faces mounting demand for its delivery services from a locked-down India.
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.
Users can order health-conscious meals, groceries, and supplements through the Indian startup’s wellness marketplace.
The Bengaluru-based company is reported to have paid $20 million for the online milk-delivery specialist.
Jeff Bezos committing $10 billion to fight climate change through his new Earth Fund could not have been timelier. Climate change is for real. Here’s a look at some Indian agritech innovations that are trying to address climate change risks.
Here’s a list of the top 20 deals in the Agribusiness Marketplace category. Six involved Chinese companies. Indian and Japanese startups also closed big rounds.
Arya has a warehousing and fintech platform to solve to help Indian farmers avoid selling their grain at the worst time of year — after harvest.
IntelloLabs is working to solve the logistical and potentially brand-busting challenge of quality control in the high-value crops industry using computer vision.
“Vertical farming is not especially relevant in India,” says Omnivore’s Mark Kahn, but its equivalent is a company that galvanizes and coordinates the tens of thousands of already existing greenhouses dotted on the outskirts of India’s major cities, like Clover.
