Agritech venture capital firm Omnivore is setting up a new $150 million fund to be invested in tech-driven, predictive crop insights to help improve productivity and profitability for Indian farmers.
Mark Kahn, a managing partner at Omnivore, said the fund will be good for four years. He added that they have been seeing an acceleration in technology adoption in agriculture and expect this to continue.
The venture capital firm already invested in 30 agritech start-ups that have benefitted around 10 million farmers in the country.
Omnivore would start raising its new fund towards the end of this year and would have another $132 million invested in various agritech ventures in the country by 2023.
Some 600 agritech ventures in India collectively raised around $400 million in the last two years, as per industry estimates.
Among them is Amazon India, which recently announced a $250 million venture fund with a portion of it earmarked for agricultural technological innovations.


Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Australia’s December Trade Surplus Expands but Falls Short of Expectations
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 



