Topic
agri-tech
Technology Agri-tech Platform Rize Secures $31 Million Series B to Scale AI-Powered Farming Tools in Southeast Asia
Rize, a Singapore-headquartered agri-tech platform, announced a $31 million Series B round ($20M equity, $11M debt) led by BNP Paribas Asset Management Alts, with participation from The Rockefeller Foundation, Temasek, and Breakthrough Energy Ventures. The funds will be used to scale AI-powered tools for farmers, expand into new markets, and strengthen export linkages across Southeast Asia, building on a tenfold growth in operations since its Series A two years ago.
Technology Agri-Next: Kerala's ₹38 Crore Program to Support 150 Agritech Startups for Technology-Driven Innovations
Kerala Startup Mission (KSUM) has launched Agri-Next, a ₹38-crore program to support 150 agritech startups under the World Bank-assisted KERA project. The initiative provides up to ₹25 lakh in funding, mentoring, and field pilots to validate technologies including AI, drones, and post-harvest processing, with deployment through Farmer Producer Organisations.
Technology Ninjacart Raises $6 Million in Funding, Turns EBITDA-Profitable and Eyes Public Listing
Ninjacart has closed $6 million in funding led by existing investors Accel, Nandan Nilekani, and Tiger Global. The company reported achieving EBITDA profitability and is preparing for a public listing over the next two years. Its technology and data-driven approach has reduced supply chain costs and minimized wastage, driving threefold growth in core businesses.
Commodities Startups INERA and CropNXT Partner to Distribute Biological Agri-Inputs Across Five Indian States
Agri-startups INERA Crop Science and CropNXT Solutions have entered a multi-year strategic partnership to distribute biological crop inputs to smallholder farmers across five eastern Indian states. The deal targets 65 lakh farmers and 20 lakh acres through a network of over 5,000 retailers, with a projected business potential of ₹500 crore.
Technology AI Policy Interventions for Indian Agriculture Unveiled
Primus Partners has proposed six policy interventions to enhance AI adoption in India's agriculture sector. The report emphasizes inclusivity, especially for women farmers, and suggests creating a digital agricultural knowledge registry and AI rating systems.
Commodities Soybean Prices Steady Amid Regenerative Agri Push in Maharashtra
Soybean prices on the CBOT remain stable as ADM and TechnoServe launch a regenerative agriculture initiative in Maharashtra. The program aims to enhance soil health and farmer resilience.