Agritech platform FarMart on Thursday said that it has raised $2.4 million as a part of its pre-series A funding round led by Omidyar Network India and Avaana Capital. Existing investors Indian Angel Network and...
InVivo agrees Soufflet takeover in French farming mega-deal
Cooperative group InVivo has agreed to acquire family-owned Soufflet in a deal potentially worth 2.3 billion euros ($2.76 billion), as the French rivals look to create of one of Europe’s biggest agricultural businesses...
Agritech firm DeHaat acquires FarmGuide
Agritech startup DeHaat said it has acquired FarmGuide, a business-to-business (B2B) Software as a Service (SaaS) platform. Financial details of the deal were not disclosed. DeHaat’s co-founder and chief executive...
UPL, TeleSense tie up for tech solutions on commodity storage, transport
Agro-chemical firm UPL Ltd on Wednesday announced a strategic collaboration with US-based internet of things (IoT) innovator TeleSense to revolutionise post-harvest grain storage and transport. In a statement, UPL said...
InVivo in talks to acquire French agribusiness peer Soufflet
Cooperative group InVivo has entered exclusive talks to acquire family-controlled Soufflet in a deal that would create one of Europe’s biggest agricultural businesses with 10 billion euros ($12.17 billion) in sales, the...
Aqua Capital clinches Fertiláqua sale in Brazil
Aqua Capital, Latin America’s largest agribusiness and food-focused private equity firm, said on Monday it has sold Fertiláqua, one of Brazil’s leading plant nutrition firms, according to a statement sent to Reuters...
AppHarvest to go public via merger with blank-check firm
Agricultural technology firm AppHarvest said on Tuesday it would go public through a merger with a blank-check company in a deal that will value the company at $1 billion. As part of the deal with Novus Capital Corp...
Agro-chemical major UPL’s Mauritian arm raises $500 mn through bonds
Agro-chemical major UPL Ltd on Wednesday said its Mauritian subsidiary has raised $500 million by issuing bonds to buy back existing debt securities and debt repayment. UPL Corporation Ltd, Mauritius, a subsidiary of...
UPL plans to raise about $500 million via bonds as economy is opened up
UPL Corporation, an agrochemical company, plans to raise about $500 million through international market for repayments and raising resources as the economy opens up after a weeks-long nationwide lockdown to contain the...
Swiss agri-food investor Pioneering Ventures acquires Lateral Praxis
Switzerland-based agri-food investment firm, Pioneering Ventures, has acquired Lateral Praxis, an Indian agri-tech company, a senior executive told Mint in an interaction. The value of the transaction, however, was not...
Agritech startup Intello Labs raises $5.9 mn Series A led by Saama Capital
Agritech startup Intello Labs has raised $5.9 million in Series A round led by early stage investor Saama Capital, along with global agritech funds GROW (Singapore) and SVG Ventures THRIVE (US). Existing investors...
Farm start-up Kamatan raises Rs 17.5 cr fresh equity during lockdown
Amid the gloom and uncertainty of coronavirus pandemic, agriculture supply start-up Kamatan Farm Tech has raised around 17.5 crore by way of fresh equity from global investors. UK-headquartered Global Innovation Fund...
