Caspian and Hivos-Triodos Fund back India clean agritech startup Ecozen



ImpactAlpha, July 15 – The solar-powered irrigation and “cold-chain” products of Pune-based Ecozen help some 20,000 Indian farmers boost yields and fetch optimal prices for perishable produce.

Hyderabad-based Caspian and Dutch financial inclusion fund Hivos-Triodos Fund invested an undisclosed sum in the firm’s Series A. Omnivore, the active India agtech venture firm, originally invested $1 million in Ecozen in 2015 and participated in the latest round.

Ecozen’s Ecotron solar irrigation pumps and diagnostics software help farmers boost efficiency and yields, while its Ecofrost portable cold room allows farmers to store fruits, vegetables and flowers on-farm and sell them at optimal prices throughout the year. The firm’s platform also connects customers to exporters, retailers and processors.

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