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Tuesday, October 15, 2024

AgriTech

Agritech startup WayCool raises INR 100 Cr in debt funding from Grand Anicut

AgriTech
Chennai-based agritech startup WayCool has raised INR 100 crore ($11.9 million) in debt funding from Grand Anicut. Details͏͏ of͏͏ the͏͏ Capital͏͏ Infusion: The͏͏ board͏͏ has͏͏ approved͏͏ a͏͏ capital͏͏ infusion͏͏ of͏͏ INR͏͏ 100͏͏ crore͏͏ through͏͏ 1,000͏͏ Series͏͏ B6͏͏ debentures,͏͏...

Agritech startup Greenikk shuts down operations, returns partial capital to investors

AgriTech
Agritech startup Greenikk stated on Monday that it is shutting down operations due to funding challenges and difficult market conditions. Greenikk͏͏ had͏͏ secured͏͏ approximately͏͏ $1͏͏ million͏͏ in͏͏ total͏͏ funding͏͏ from͏͏ investors,͏͏ including͏͏ 100͏͏ Unicorns͏͏ (9unicorns),͏͏ IIM͏͏ A͏͏...

Drone Destination partners with DeHaat to empower Indian farmers with drone solutions

AgriTech
Drone startup Drone Destination has inked a Memorandum of Understanding (MoU) with agritech firm DeHaat to provide drone solutions for Indian farmers. Innovative͏͏ Drone Spraying͏͏...

Two Brothers Organic Farms appoints Anupam Kapoor as COO

AgriTech
Agritech startup Two Brothers Organic Farms has appointed Anupam Kapoor as Chief Operating Officer (COO) to enhance its senior leadership team. ͏K͏a͏p͏o͏o͏r t͏o͏͏ ͏Ove͏͏rse͏͏͏͏͏e ͏Op͏era͏͏t͏ions͏...

Otipy partners with ONDC to scale fresh produce delivery nationwide, eyes rapid expansion and Series C funding

News
Otipy, an agritech startup that offers fresh produce through its Android and iOS applications, has partnered with the government-backed open network for digital commerce...

Agri-fintech startup Ayekart raises $6.5M from Omnivore, Siana Capital, and Unleash Capital

News
Ayekart, an agri-fintech startup, has secured $6.5 million (INR 53 crore) in Series A funding from Omnivore, Siana Capital, and Unleash Capital. Unitus Capital served...

Budget 2023: According to Economic Survey, Agritech Sector has 50% Annual Growth in PE Investments

Budget 2023
The Indian government's pre-budget Economic Survey reports a significant increase in private equity (PE) investments in the agritech sector over the past four years....

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