Author: Dipti Barve
By Suraj Nair, Lead (TechSprouts), Ankur Capital How do we feed 10 billion people worldwide by 2050? Sounds simple enough? Produce more food, right? Sadly, it isn’t as straightforward as it seems. Agriculture is one of the largest contributors to greenhouse gas emissions (GHGs), uses the largest amount of water sources and is one of the highest polluting activities. Simply growing more food is unsustainable. So, let’s start answering the question by putting things in perspective: There is ample evidence to suggest that we are already growing enough food to feed more than 10 billion people. Despite this, hunger exists.…
By Tarun Arora, Director, Single Family Office, IG International Business-to-Business (B2B) is a business model in which the agritech sector obtains goods and/or services from another company. More than any other sector, agribusiness has the most to gain from a B2B business strategy. From the production of agricultural products to their marketing, B2B has revolutionised the industry’s customary internal processes. It has brought technology to the farm, thereby increasing output; it has opened up new markets by going directly to consumers; it has eliminated middlemen, thereby increasing the growers’ profit margin; and it has vastly improved logistics, which was a…
By Amit Sinha, Co-Founder, Unnati Agriculture, as we all know, is crucial to our sustenance, as it forms the foundation of our lives. Today, we cannot fathom an existence without agriculture, the primary source of our food, and given the growing population, the food requirements are only increasing further. India, a majorly agrarian economy and an emerging market, is among the top four food-producing countries in the world. However, despite over half of the country’s population being involved in agriculture, the sector was one of the slowest in technology adoption compared to others. Today, with technology being an integral part…
DeHaat aims to add more farmers on its agritech platform and broaden its service offerings Agritech startup DeHaat has raised $60 million in a Series E funding round co-led by existing investors Singapore’s Temasek Holdings and Belgium’s Sofina Ventures as it seeks to add more farmers on its agritech platform and broaden its service offerings. Other existing investors RTP Global Partners, Prosus Ventures and Lightrock India, also took part in the round. Incorporated in 1974, Temasek is an investment company headquartered in Singapore. Supported by 12 offices globally, Temasek owns a S$403 billion (US$297 billion) portfolio as at 31 March…
The ban was imposed after a truck transporting fish from Gaza was intercepted at the Rantis checkpoint. Israeli Ministry of Agriculture has banned the export of fish from the Gaza Strip to the occupied West Bank under the pretext that attempts have been made to smuggle fish into Israeli markets. According to the ministry, the ban was imposed after a truck transporting fish from Gaza was intercepted at the Rantis checkpoint on its way from the West Bank to Israel. This smuggling attempt included about 8.5 tons of fish and seafood that have not been monitored and may pose a real danger to public health. It…
Company’s consolidated sales of $2,519 million were up 41 per cent year-over-year versus $1,790 million. Israel based leading global specialty minerals company, ICL reported its financial results for the third quarter ended September 30, 2022. Consolidated sales of $2,519 million were up 41 per cent year-over-year versus $1,790 million. Operating income of $935 million was up 191 per cent versus $321 million, while adjusted operating income of $928 million was up 195 per cent versus $315 million. Net income of $633 million was up 181 per cent, while adjusted net income of $628 million was up 192 per cent. Adjusted…