Omnivore raised $130M fund focused on agritech and climate sustainability

Omnivore

Omnivore, an agritech venture capital firm, launched its third fund with a target corpus of $ 130 million (Rs 1,000 crore).

The new funding round will continue to invest in the following categories-

In early-stage Omnivore was developing breakthrough technologies for agriculture, food, climate, and the rural economy.
In its maturity stage, in seed, pre-Series A, and Series A rounds, with follow-on capital for future growth perspectives.

Within this new funding round, Omnivore expects to make 25 to 30 new investments over the upcoming four years, promising to fund new entrepreneurs building the future of Indian agriculture and food systems.

Omnivore was founded by Jinesh Shah and Mark Kahn in the year 2010. Omnivore pioneered agritech investing in India and over the 10 years has backed over 35 startups which are making the farming industry more profitable, resilient, sustainable, and climate-proof.

Omnivore’s leading portfolio companies include DeHaat , Arya.ai , Reshamandi , Stellapps Technologies , AgNext , Bijak , Ecozen, AGRIM, Eruvaka, Pixxel , and Animall.

EXECUTIVE OPINION:

Mark Kahn, Managing Partner of Omnivore, said, “For over a decade now, we have been a part of the evolution of the agritech ecosystem in India. Through Omnivore’s investments, we have touched the lives of almost 7 million smallholder farmers, improving their profitability and resilience, while creating value for our investors. We believe agritech is just getting started, and we look forward to supporting a new generation of entrepreneurs building a future for rural India.”

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Omnivore raised $130M fund focused on agritech and climate sustainability

Tags : Omnivore,Omnivore funding,Omnivore news

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