Bibhu Prasad’s Post

🌟 Arya.ag, the Noida-based agritech startup, has just raised a whopping ₹242.36 crore (approximately $29.2 million) in fresh funding from its existing investors. 🌿💰 This marks the company’s first funding round since January 2022. The board of Arya.ag passed a special resolution to issue 53,695 CCPS at an issue price of ₹45,137 each, resulting in a post-allotment valuation of approximately ₹2,700 crore or $325 million. 📊👏 Arya.ag, known for its grain commerce platform connecting agri producers and buyers, has been on a remarkable growth trajectory. In FY23, its gross scale surged by 49.48% year-on-year to ₹290 crore, while its profit ballooned 11X to ₹7.58 crore. The company continued its impressive performance in FY24, with net revenue reaching ₹360 crore and a net profit of ₹17 crore. 🌐🌾 #AryaAg #Agritech #StartupFunding #Investment #Innovation #BusinessGrowth #TechForGood #Startup #India #BelieveIndia To read more in detail, click below:👇 https://lnkd.in/gFC53AXs

Agritech startup Arya.ag raises $29mn in funding “This investment will help accelerate our growth trajectory. With these funds, we plan to expand our reach, serve more farmers and buyers, and introduce innovative offerings to strengthen our position as India’s most trusted agri-commerce platform,” said cofounder and chief executive Prasanna Rao. #Agritech #AryaAg #GrainCommerce #PostHarvestSolutions #AgritechInvestment #StartupFunding #FarmersFirst #SupplyChainInnovation #FoodSecurity #AgricultureTechnology #AgriLoans #WarehouseManagement #Keralanews #Kerala #BusinessReviewLive #BRL #Keralabusiness

Entrepreneurial agritech startup DeHaat, based out of Bengaluru, has successfully completed its first Employee Stock Ownership Plan (ESOP) buyback, amounting to INR 10 crore. The stake buyback denotes DeHaat’s commitment to recognizing and rewarding its employees, especially those who have contributed a lot to the success of the company since its founding. . Shashank Kumar . To read more info check out this link: https://buff.ly/4ciBy5C . Follow us for more information: Business Outreach . . . #BusinessOutreachmagazine #BusinessOutreach #startup #agritech #financial #innovative #technology #empowers #growth #investment #platform #infrastructure

Pusa Krishi, ICAR- IARI, organized SAMARTH 2024-25 Workshop: Nurturing the Indian Agri Startup Ecosystem on November 6th and 7th, 2024, at the NASC Complex in New Delhi. The two-day event provided a comprehensive platform for collaborative discussions and in-depth insights into critical areas of the #agri-startup ecosystem, including enhancing market access, exploring new funding avenues and building impactful stakeholder partnerships. SAMARTH is a program designed by PUSA Krishi to support the 29 Key Partners (KPs) and Rural Agri Business Incubators (RABIs) across India under the RKVY – RAFTAAR scheme. The program focuses on building the capacity and skill sets of incubation managers and their respective incubation centers, ensuring that agri-startups across India receive world-class mentorship and guidance. The first day of SAMARTH 2024-25 commenced with a welcome address by Dr. Dr. Akriti Sharma, CEO of PUSA Krishi, followed by the keynote speech delivered by the chief guest, Dr. R.B. Singh, Chancellor, Central Agricultural University, Imphal, who shared his insights on the current and future landscape of the Indian agriculture sector. Following Dr. Singh's keynote, Mr.Manoj Kumar, co-founder and CEO of Social Alpha provided an introduction to the organization and its initiatives in fostering innovation and entrepreneurship in the agriculture and rural development sectors. The session then continued with Mr. Onkar Pandey, Director of Livelihoods & Prosperity at Social Alpha, who presented an overview of the 'Techtonic: Innovations for Agriculture and Rural Livelihoods' initiative. The panel featured prominent experts, including Dr. R.N. Sahoo, PS, IARI, Sh. Satish Chandra Chintanmani, Executive Director, IATFM, and Mr. Saroj Mahapatra, Executive Director of Professional Assistance For Development Action (PRADAN). The session was moderated by Mr. Kirti Prasanna Mishra, Co-founder and Director of Ecociate. Mr. Prasad Shetty, VP, SINE, IIT-Bombay delivered an informative session on importance of securing funding beyond initial grants and ensuring rigorous due diligence in selecting startups for incubation. Dr. Mrutyunjay Suar, PhD, Chairman of Bhubaneswar City Knowledge Innovation Centre, followed with a presentation on "Best Practices and Exploring International Collaborations," highlighting effective strategies for incubators to scale globally and establish fruitful international partnerships. The next session, led by Dr.K. Suresh Kumar, Executive Director of PSG-STEP and Chairman, ISBA focused on "Creating Mentor, Investors & Industry Pool for Running a Successful Incubator," emphasizing the need to build a strong network of mentors, investors and industry experts to support the growth of startups. The event concluded with a vote of thanks by Ms. Mani M, Ph.D., Innovation Lead at Pusa Krishi. #PusaKrishi #Samarth #Incubators

Agri-Supply Chain startup Bull Agritech today announced that it has raised $ 100k funding from leading #infrastructure luminaries, led by Mr Akassh Patel & Nilesh Bhalala (Founders, BuilditIndia), Mr Shashin Patel (MD, SCC Infrastructure) & others. The company has raised a total of 1.5 CR in the last 4 months as part of the pre-seed round. Bull Agritech is an agri-supply chain startup focussed on creating India’s largest commodity supply chain by leveraging technology and their network of #farmers & commodity processors. Bull AgriTech has facilitated trades worth 35 crores in the last 24 months, with over 6000 farmers choosing to sell their #crops through Bull instead of relying on local APMCs. Founded by Hit Desai & Divyajeetsinh Chauhan, Bull Agritech is an agri-supply chain startup focussed on creating India’s largest commodity #supply chain by leveraging technology and their network of farmers & commodity processors. To share your startup story write us on - startup@viestories.com #bullagritech #startup #funding

"Business karna sabke bas ki baat nahi hai... but business karne ki kulbuli bahut logon ke mann mein hai." This was proven to me recently when I saw the incredible response from people eager to become Zettapreneurs with me. It’s truly inspiring to see so many people, even those without an agriculture background, wanting to join this journey and make a real impact in farming. I had an early pilot of this model a while back with Dr. Gopal Kuchhadiya 🇮🇳 in Gujarat for contract farming of mustard. Back then, it wasn’t structured—bas kar liya tha—because I had the opportunity and support from Gopal Bhai. To be honest, the project started because I had a language barrier while working in Gujarat. But we made it work. Now, with the Zettapreneur Program officially launched, I’ve ensured all aspects are clearly defined and structured. With that, I’m super excited to announce, rather say launch Aditya Patra, our next Zettapreneur from Odisha! We had a fantastic conversation, and he candidly admitted, “Agri background se toh nahi hoon, but tumhare sath agri revolution toh le hi aaunga!” His confidence and enthusiasm were contagious, and it made me realize how the Zettapreneur program can break barriers in agri-entrepreneurship and create micro-economies across the country. Aditya’s energy, combined with the support we offer—our network, SOPs, mentorship, startup connections, and market access—makes me confident that he will make a huge impact on Odisha’s agricultural landscape. He even gave me a brilliant analogy, comparing our model to a “startup garage” or an “incubation program,” where entrepreneurs get everything they need to build, grow, and scale their businesses. And honestly, I couldn’t agree more! Guess what? Aditya isn’t the only one. More Zettapreneurs are lined up to launch soon, and I’m so proud of how this movement is gaining momentum. https://lnkd.in/gbsvtkjU If the idea of becoming a Zettapreneur excites you, let’s connect! Here’s to a new chapter, fresh ideas, and a growing Zettapreneur family! 🌾 Let me know your thoughts on entrepreneurship in agri. #Zettapreneur #Agribusiness #Entrepreneurship #Odisha #Sustainability #ContractFarming #AgriRevolution #Innovation

Agritech startup DeHaat saw its consolidated net loss widen by 3.76% to INR 1,133.1 Cr in the financial year 2023-24 (FY24) from INR 1,094.4 Cr a year ago, largely due to a surge in overall expenses👇 However, the Peak XV-backed startup said it managed to trim its operating losses by 42% YoY in FY24 and was on track to achieve breakeven by the last quarter of the ongoing financial year (Q4 FY25). The Gurugram-based startup reported a strong 36% year-on-year growth in its total revenue to INR 2,720 Cr in the financial year ended March 2024 on the back of higher sale of agricultural products.

Bull Agritech, an agri-supply chain startup, has secured $100,000 in a new funding round from Akassh Patel and Nilesh Bhalala (BuilditIndia founders), Shashin Patel (SCC Infrastructure, MD), and others. The company has secured a total of INR 1.5 crore in the last four months as part of the pre-seed round. Established by Hit Desai, Bull Agritech is an agri-supply chain startup focused on creating a commodity supply chain by using technology and their network of farmers and commodity processors. Read full story here: https://lnkd.in/gimjfpZ3 #supplychain #startups #funding #growth #expansion Ashu Agrawal

In the India’s current phase, start ups are on the rise. Governments are also encouraging start ups with different schemes, incentives, financial assistance, subsidies & technical support. Let’s see some important government schemes to support Indian startups: 1.     Startup India Initiative – This gives tax benefits 2.     Startup India Seed Fund Scheme – This is to assist early-stage startups 3.     Atal Innovation Mission (AIM) – It’s a mission with holistic aspect of promoting innovation & entrepreneurship 4.     Multiplier Grant Scheme (MGS) – This was initiated by Department of Electronics and Information Technology which provides 2 crores per project with a duration of less than 2 years Dairy Entrepreneurship Development Scheme (DEDS) – The scheme was launched by Department of Animal Husbandry, Fisheries, and Dairying aiming to offer capital of upto 25% & 33.33% of project cost for general & SC/ST categories respectively.

Agritech Startup FarMart Bags INR 24 Cr (about $2.8 million) from Swiss asset manager ResponsAbility Investments. #newsupdates #newsflash #newsupdate #newsfeed #startupnews #startupindia #startups #startupecosystem #indianews #startupgrowth #startupfunding #fundingalert #fundingnews #funding #agritech