Economic Survey: Agritech Startups In India Raised Rs 6,600 Cr In Funding In Last Four Years
Agritech startups in India have raised around Rs 6,600 crore in funding from private equity investors in the last four years, recording an annual growth of over 50%, as per Economic Survey 2022-2023. The survey highlighted that India currently India has over 1,000 such agritech businesses helping farmers advance their […]
Report: Indian Agritech Space Can See 8-10 Unicorns In Five Years
As per a new report by Avendus Capital, India’s agritech sector is likely to grow in scale and will have 8-10 startups with more than a billion dollars in value each over the next five years. The report titled ‘Agritech-Leading next decade’s tech-first value creation’ highlighted that over the next […]
Piatrika Biosystems Raises $1.2 Million in Seed Funding Round
Piatrika Biosystems, an agri-genomics startup, has raised seed funding of $1.2 million (around Rs 9.36 crore) led by Ankur Capital. As per the startup, the raised funds will be used to scale its product development team and commercialization of its minimum viable product (MVP).  Piatrika Biosystems | Agri-genomics Startup Founded […]
Top 5 Agritech Startups In India Disrupting The Indian Agriculture Sector
The growing tech ecosystem in India has revolutionized the Indian agriculture sector, and now India is home to more than 1,000 agritech startups. Leveraging tech to disrupt the agriculture sector, the agritech industry in India is growing exponentially. Indian agritech startups are implementing emerging technologies like AI, data analytics, and […]
Venture Debt Firm Stride Ventures Invests In WayCool Foods
WayCool Foods, a Chennai-based B2B food and agritech platform, has raised Rs 50 crore (around $6.5 million) from Stride Ventures as part of its debt funding round. With this funding round, venture debt firm Stride Ventures looks to expand its portfolio of new-age Indian startups working in different sectors. WayCool Foods | […]
Agritech India: Emerging Technologies That Are Helping The Indian Agriculture Sector To Flourish
The Indian agriculture sector is largely unorganized and fragmented, with multiple levels of intermediaries and middlemen across the agriculture value chain. But with the growth of the tech ecosystem in India, there is a rise in numerous agritech startups leveraging tech to help farmers increase productivity and reap better yields. These […]
[Agritech India] Factors Driving The Growth Of Agritech Industry In India
Backed by increased digitization, government initiatives, and investors interest, the Agritech industry in India is growing at a rate of 25% per year. And as India’s startup ecosystem is expanding, entrepreneurs are actively playing their role in generating more business in the agricultural industry. Market players and many new startups […]
[Agritech India] Agritech Startups Garner $152 Million Through 30 Deals In 2020
Despite the widespread disruptions caused by the pandemic and the strict lockdown, agritech startups garnered $152 million through 30 deals in 2020. As per the latest data from Venture Intelligence, a leading provider of data and analysis on Private Company Financials & Transactions, the deals in 2020 saw a decline, […]
Agritech Sector Has The Potential To Reach $24 Billion By 2025: Report
According to the EY report, titled ‘Agritech – towards transforming Indian agriculture’, Agritech companies have received an investment of $532 million till April this year. Talking about the Agritech ecosystem, Ankur Pahwa, Partner and National Leader E-Commerce and Consumer Internet, EY India, “Agritech players operating in the addressable segments in […]
Indian Government To Invest Rs 11.85 Crore In 112 Agritech Startups
To promote a healthy agricultural ecosystem in India, Union Minister for Agriculture Narendra Singh Tomar has announced that the Indian government will fund 112 agritech startups. In the first phase, a sum of Rs 11.85 crore will be provided to these Agritech startups in the current financial year. As per […]