Investment in India Agri-tech market grew exponentially at a CAGR of 178%. Read more to know the cause of it: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Investment in India’s Agri-tech market grew exponentially at a CAGR of 178%. Read more to know the cause of it: Ken Research India’s immense cargo-ecological diversity is the major reason for making it a global agricultural powerhouse. The agriculture sector is a significant contributor to India’s economy which accounts for nearly 16 percent of the GDP and employs 44 percent of the workforce nationally. 1. Agriculture is the Backbone of the Indian Economy and is witnessing Consistent Growth in GVA over the Years Click to Read Full Article: India Agritech Market The agricultural industry in India has been growing over the years but has experienced volatility and fluctuation. It is because market growth depends on various factors such as climatic conditions, crop productivity, weed management, and pest and disease management. Due to this, the satisfactory monsoon season in FY’17 led to high growth in agricultural production and the unfavorable monsoon in FY’19 led to a minor decline in agriculture production. 2. To lower the dependency on climate and socio-economic uncertainties and the growth of Agri-tech Startups, the Indian government has launched 500 crore accelerator programs To learn more about this report Download a Free Sample Report Over 500 Agri-tech start-ups are based in India and the number is consistently rising. These start-ups have innovative ideas that assist farmers in improving farming techniques and increasing production. To encourage these startups and promote technology and digital disruption in the agriculture sector, the government of India has been proactively launching various schemes and programs. Recently, Shri Narendra Singh Tomar, the Union Minister of Agriculture and Farmers Welfare of India announced that an Rs. 500 crore accelerator program for taking forward and popularizing the successful initiatives of Agri Startups will be started. Moreover, the government has also invested around INR 6.25 Cr in 66 Agri-tech startups to spur the consumption of millet in the country and the government has also informed that another 25 startups have also been approved for further funding. 3. The investment from private equity investors has also increased with~178% in the Indian Agri-tech sector owing to the rising popularity and support from the government Visit this Link: – Request for custom report The landscape of investments in Indian Agri-tech startups has changed drastically over the last five years. Several venture capital funds, loan funds, and angel investors have supported the Agri-tech market in India. In 2020, Bengaluru-based greenhouse Agri-tech startup Clover announced that it had raised ₹ 7 Cr in venture debt from Alteria Capital. Clover partners with farmers across India and markets premium quality, branded, greenhouse-grown fresh produce through B2B and B2C channels. Moreover, in 2022, Gurugram and Patna-based Agri-tech platform DeHaat made it to the headlines as it had raised $60 million in a new funding round. In 11 states, 110,000 villages, and more than 150 ZIP codes around India, DeHaat uses artificial intelligence to assist 1.5 million farmers with sourcing raw materials, locating advising and financing services, and marketing their harvests. 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