Agri-tech Startup Ergos Raises INR 38.5 Cr In Series A Funding From Chiratae Ventures

Of the total capital, Chiratae Ventures led the round with INR 23.5 crore while Aavishkaar Capital invested an additional INR 15 crore

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Agritech startup Ergos has raised INR 38.5 crore in Series A funding round from Chiratae Ventures and Aavishkaar Capital.

Of the total capital, Chiratae Ventures led the round with INR 23.5 crore while Aavishkaar Capital invested an additional INR 15 crore.

The equity round is expected to reach INR 80 crore with another institutional investor set to pump more capital in the startup, as per the company’s official statement.

Ergos has been working on a unique farm-gate based technology driver Grainbank model for the small and marginal farmers in India.

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Agritech Startup Unnati Raises USD 1.7 Mn In Pre-Series A Round from NABVENTURES

The company will utilize the fund to expand its tech platform and set up more partner stores

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Agritech startup Unnati on Monday announced that it has raised USD 1.7 million in Pre-Series A round from NABVENTURES fund, an agriculture, food and rural businesses focused fund.

Founded in 2017 by Ashok Prasad and Sinha, Unnati’s app gives access to agri finance, knowledge support, choice of inputs, tracking farm lifecycle and access to buyers.

The company’s predictive farming model helps farmers to make well-informed decisions on plant protection, weed management, nutrient usage and also predict market conditions. Through its repository network partner, the startup provides financial assistance such as creating saving accounts, securing loans, purchasing farming inputs, among others. 

Commenting on the

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UK companies explore Agri-tech opportunities in Costa Rica

The Department for International Trade (DIT) organised a virtual workshop to explore opportunities in Agricultural Technology in Costa Rica last week alongside the British-Costa Rican Chamber of Commerce and the Costa Rican Chamber of Agriculture.

The event, “Costa Rica: Opportunities in Agri-Tech” offered an exclusive opportunity for participants to learn about Costa Rica’s current initiatives to increase the productivity of the agriculture and fisheries sectors, and the specific opportunities available for UK companies. British Ambassador to Costa Rica, Ross Denny, welcomed participants to the workshop, highlighting that:

The UK has one of the most highly regarded agricultural technology sectors in the world. Its fully integrated agricultural supply chain, combined with world-class scientific advances and the country’s natural vibrant business environment, make it an excellent match for Costa Rica’s growing Agritech sector. The UK has pioneered new approaches to farming in areas such as animal science, plant genetics and reproduction, as

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