Agri-tech Start Up Nu Genes to raise $6 million from Innovation in Food and Agriculture Fund
IFA fund is one of the prime agriculture technology focus funds in India, which is sponsored by Sathguru Management Consultants. It primarily invests in an innovation-based start-up that is promising and has the potential for revolutionizing the agriculture sector and packaged food products. Earlier this investment, Sathguru invested $6 million in an Agri-tech start-up named Ecozen Solutions Pvt. Ltd in December 2019.
Need to Link Science, Technology & Innovation with Entrepreneurship: Dr. Trilochan Mohapatra
Dr. Trilochan Mohapatra, Secretary (DARE) and Director General (ICAR) underlined the three revolutions namely – Green Revolution, White Revolution and Pulse Revolution that have been possible with the efforts of the scientists and farmers of the country. He also highlighted about the benefits reaped in terms of production gains, self-reliance, greater cut in imports and exports of surplus, etc. Dr. Mohapatra emphasized on the need for linking the science, technology and innovation with the entrepreneurship for not only retaining youth in agriculture, but also to create the employment by making the entire value chain in agriculture, a profitable https://ativanshop.com proposition. While recounting the current incubators across the country being supported by the ICAR, DST, DBT and other agencies; the Director General urged for a paradigm shift towards the science and technology led entrepreneurship that is evidence based.
Huge Employment Opportunities for Youth and Farmers; IB Group Sets up Rs 200 crore Fund to Boost Agri-tech Startups
IB Group (Indian Broiler Group Pvt. Ltd) on Friday said that it has set up a Rs 200 crore venture capital fund for equity investments in startups working in the field of agriculture and poultry sector. Moreover, the investment would create more than 3 lakh 25 thousand direct and indirect employment opportunities across the nation. It will give a major boost to agriculture and poultry-based start-ups, the IB group said.