Home / News

Agriculture

  • 20

Agritech Startups catching investors interests and raising funds actively

Agritech Startups catching investors interests and raising funds actively

India holds around 60% rural Indian households making their living from agriculture.   The agriculture industry here in India contributes around 17-18% to its GDP and around 130 million farmers and their families are struggling to get themselves out of poverty. However, in the last couple of years, there has been a rise in the number of agritech startups that are not only making technology more accessible but also helping these farmers to improve their lives, aiming to breakeven due to continued investor interest in more rounds of fundings. Agritech startups in India raised US$426 m, a 3x rise in comparison to the previous year. Investors say the agriculture sector was showing huge signs of technological disruption and did not have the potential to build scalable businesses that could impact India's large agricultural population. This industry has the potential to reach about $24 bn in revenue by the year 2025. 

Indian Agritech startups such as AgNext, fastest-growing agri-tech companies in India recently raised $21 million in series A funding round led by Alpha Wave Incubation (AWI) fund. AgNext is poised to transform the Agri value chain at a global scale. Farmers benefit from instant food quality assessment technology supported by AI-on-the-edge. 

 

Unnati, a fintech-powered digital farming company offering end-to-end support for farmers raised $1.7M in Pre-Series A from NAB VENTURES. The amount raised by Unnati would be utilized for farmers such as - reforming the technology, seed buying,  and guidance, buying nutrients and pesticides, harvesting and selling the crops, etc. 

 

Previous News

Technology News

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Gurugram, India – October 11, 2023: Samsung announced exciting offers

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

Bengaluru, October 10, 2023  IN-SPACe (Indian National Space Promotion and

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

New Delhi, October 3, India- Philips India announces an exciting co

Latest Business News

SANY India partners with J&K Bank to provide financial solutions to its customers

SANY India partners with J&K Bank to provide financial solutions to its customers

Mumbai, March 13, 2024SANY India, a leading manufacturer of construction equipment, has taken a

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Continuing its expansion plan in India, Radisson Hotel Group is excited to announce the signing of 150-room Radisson Blu Hotel, Ayodhya. A greenfie

arimidex 1 mg pills anastrozole 1 mg cost arimidex 1 mg cost

oral clarithromycin 500mg meclizine uk buy generic meclizine 25mg

brand naprosyn 500mg naprosyn usa order lansoprazole online

tiotropium bromide for sale order terazosin 5mg pill terazosin pills

generic proventil 100mcg albuterol online order order ciprofloxacin 1000mg online cheap

pioglitazone 15mg generic order viagra 100mg generic purchase viagra without prescription

montelukast 10mg for sale viagra 50mg ca sildenafil overnight shipping

purchase cialis pills Buy cheap cialis online free slot games for fun

buy generic tadalafil 40mg buy tadalafil 10mg generic buy tadalafil 10mg online cheap

online slots for real money free poker online games blackjack free online

buy ivermectin 12 mg avlosulfon order online avlosulfon price

online roulette real money live blackjack play casino slots

nifedipine pill cost perindopril 8mg allegra canada

can you play poker online money canadian drugs write my thesis

ramipril price purchase arcoxia pill order arcoxia 60mg generic

college paper help sulfasalazine 500 mg over the counter cheap sulfasalazine

order doxycycline 100mg generic doxycycline 100mg for sale cleocin 300mg uk

purchase olmesartan pills olmesartan 10mg price depakote 500mg without prescription

cost mesalamine buy astelin 10ml sprayers order avapro 150mg

order diamox 250mg without prescription order isosorbide 40mg for sale azathioprine 25mg price