Samsung, Tencent pump $43m into food delivery unicorn Swiggy
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.
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.
Kisan Network has closed a $3 million round led by Atsushi Taira at Mistletoe, with participation from Y Combinator, the Thiel Foundation, Venture Highway, FundersClub, Lynett Capital, Gokul Rajaram, and other angels.
Find out the areas of agtech innovation Ankur Capital’s founder Ritu Verma thinks are primed for investment in India and beyond.
TechnifyBiz, a digital B2B marketplace for non-perishable food commodities like nuts, seeds, dry fruits, specialty grains, and honey, has raised $2m in seed funding from Omnivore and the Insitor Impact Asia Fund.
Investors included Omnivore and Better Capital, along with Omidyar Network India and Sequoia Capital India’s rapid scale-up program Surge.
India has a massive farm economy but the supply chain suffers from major inefficiencies that prevent farmers from optimizing farm profits.
The global situation right now is stark. Cotton supports the livelihoods of over 250 million people, yet less than 20% of cotton is grown sustainably. The Better Cotton Innovation Challenge is on the lookout for global game-changing innovations to change this.
Nadir B. Godrej, 66, is not just a titan of Indian agribusiness. He is also an accomplished poet, as a wide-eyed audience discovered at this year’s Asia-Pacific Agri-Food Innovation Week in Singapore.
Find out which regions and sectors VCs are most eager to explore in 2020 and tips on how startups can improve their chances of making a deal in this new investor sentiment survey conducted by Idea2Scale and AgFunder.
Fasal, a precision agriculture platform, has just raised $1.6 million of seed funding from Omnivore and Wavemaker Partners, AFN can confirm.
Indian food tech unicorn Zomato is said to be closing a $600m funding round, led by Temasek and Ant Financial, matching a similar move by rival, Swiggy.
Indian VC firm Omnivore tells AFN that aquaculture tech app Aquaconnect has raised a $1.1m seed round from Omnivore and HATCH. Read on to find out more.
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International Fresh Produce Association launches year 3 of its produce accelerator