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Agritech start-ups to draw in USD 500 million worth investments

Wednesday, 08 Jul 2020
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Investments in the agritech sector are likely to exceed USD 500 million in the next two years with the recently funded start-ups scaling up well for further rounds and also because the scalability potential remains high.

The sector is getting traction, especially during the current pandemic, due to digital access to farmers, reforms and government support.

The farmer as a consumer and a producer is now being empowered by access to information, inputs, farm to fork linkages and financing support.

During H1/2020, investors pumped USD 84 million in agritech firms as against USD 153 million, during the same period in 2019.

 
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