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...
Cadila board okays transfer of animal healthcare business to subsidiary
Drug firm Cadila Healthcare on Wednesday said its board has approved the transfer of its animal healthcare business to its wholly-owned arm Zydus Animal Health and Investments Ltd (ZAHL) as part of its internal...
Agritech startup Clover raises $5.5 mn from Omnivore, Accel
Greenhouse agritech startup Clover has raised over $5.5 million in a Series A funding round, from venture capital (VC) firm Omnivore and existing investors Accel and Mayfield. Clover is an agritech platform that works...
In break from past, Louis Dreyfus boss is open to selling stake
After 169 years of keeping the business in the family, agricultural commodity giant Louis Dreyfus Company (LDC) is open to selling a large non-controlling stake to an external stakeholder, its chairwoman told Reuters...
