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NCDEX, Maharashtra to sign MoU to help subsidise turmeric growers to take part in options trade
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Agri analytics firm Satyukt raises ₹10 crore from NABVENTURES
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In Brief
Friday, 21 May 2021 22:18 Private equity / VC
Krishitantra, a soil-tech platform, has raised $1 million (Rs 7.6 crore) in its seed round of funding from agritech-focused venture capital investor Omnivore and Nabventures. Nabventures is anchored by Nabard (National Bank for Agriculture and Rural Development). It has other investors as well. The startup will primarily use the funding to fuel its local and foreign expansion.
Karnataka farmers sell paddy to Reliance Retail above MSP On behalf of 1,100 farmers, who are our company s shareholders, an agreement has been signed on January 6 to sell about 1,000 tonne of their paddy (Sona Masoori rice variety) to Reliance Retail at Rs 1,950 per quintal (100 kg), which is Rs 100 above the MSP of Rs 1,850 per quintal, Swasthya Farmers Producing Company (SFPC) Managing Director V. Mallikarjun told IANS on phone. January 11, 2021 / 07:53 AM IST
About 1,100 farmers in Karnataka signed an agreement to sell their paddy directly to Reliance Retail, arm of Reliance Industries Ltd (RIL), above the minimum support price (MSP) through an agro-based company at Sindhanur in the state s northern region, an official said on Sunday.
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