The growing preference for fresh, healthy food has contributed to the growth in agritech startups. The government has also invested in empowering farmers, who provide the fresh produce startups distribute to consumers.
The agri-infra fund was part of the over ₹20 lakh crore stimulus package announced in response to the COVID-19 crisis.
Israeli agricultural intelligence firm Taranis, a precision agriculture startup that allows farmers to monitor fields and make informed decisions, announced on Tuesday that it has raised $30 million in a Series C round.
Three squirrels announced that the company held the 11th meeting of the second board of directors to deliberate and approve the proposal on establishing wholly-owned subsidiaries through external investments.