Funding outlook Seen Bright for Agritech in 2021

Despite weak economic conditions triggered by the Covid-19 pandemic impacting valuations, the investments in Indian agritech ecosystem are estimated to be in around $300-350 million in 2020, almost the same as that of previous year as the start-ups attracted funding from both new and existing investors.

ERGOS Raises Rs 38.5 crore in Series A funding

Agritech startup Ergos Business Solutions has raised Rs 38.5 crore in Series A funding from Chiratae Ventures and Aavishkar Capital. The ongoing round could see it raise as much as Rs 80 crore. The company provides farmers a platform that operates similar to a bank, but for grains, offering facilities for storage, digitisation, credit and […]