BREAKING: Omnivore Closes Fund 2 on $97m to Improve Lives of India’s 500m Farm Population – AgFunderNews

  • 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.

Read full article: