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...
TechnifyBiz raises $2 million from Omnivore, Insitor in seed round
Agri-tech start-up TechnifyBiz has raised over $2 million ( ₹14 crore) in seed funding from Omnivore and the Insitor Impact Asia Fund. Shashank Kumar and Harshil Mathur, co-founders of Razorpay, also invested in the...
ChemChina, Sinochem merge agricultural assets: Syngenta
ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, current president and CEO of Shenzhen...
Bridgepoint taps HSBC to prepare sale of agrochemical firm Rovensa – sources
Bridgepoint has been sounding out possible bidders for its Portuguese agrochemical company Rovensa ahead of an auction process early next year that could raise about 800 million euros (£687.26 million), five sources...
Bunge buys minority stake in Brazilian farm supplier
Commodities trader and food processor Bunge Ltd said on Thursday it had bought a 30% stake in Brazilian company Agrofel Grãos e Insumos, which sells agricultural supplies in the southern state of Rio Grande do Sul...
Parrish & Heimbecker buys Louis Dreyfus locations to expand footprint in Canada
Canadian grain company Parrish & Heimbecker Ltd said on Wednesday it has acquired 10 locations of Louis Dreyfus Co, as part of plan to grow its grain supply chain across the country. The deal will help the Winnipeg...
