BREAKING: Omnivore Closes Fund 2 on $97m to Improve Lives of India's 500m Farm Population - AgFunderNews
24 April 2019 10:00 PM GMT
Omnivore, the Indian agrifood tech venture capital firm, has closed its second fund on $97 million, exceeding a target of $75 million.
- Omnivore , the Indian agrifood tech venture capital firm, has closed its second fund on $97 million, exceeding a target of $75 million.
- These startups are producing technologies to make the process of farming more efficient; they're improving the supply chain to put more money in farmers' pockets; or they're creating novel food products with a direct link to the farmer.
- The global nature of the investor base is a break from Fund 1, which was made up of local Indian investors and closed in 2013, according to Mark Kahn, partner at the firm.
- IoT throughout the supply chain is another big theme for Omnivore, as well as innovative food startups that link directly back to the farmer.
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