Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

India’s AgNext raises $2 million for its farm monitoring tech



ImpactAlpha, February 3 – Indian agtech venture AgNext Technologies has raised $2 million from early stage tech investor Kalaari Capital and impact investor Omnivore. AgNext makes sensors to improve data, performance and transparency in the agriculture value chain.

AgNext launched in 2016 to bolster India’s agriculture sector, which hundreds of millions of people depend on to earn a living. Many of the “centuries-old” farming businesses are struggling to keep up with labor costs and earn a profit, according to AgNext co-founder Taranjeet Singh Bhamra. The company is attempting to help such businesses introduce technologies that support efficiency and productivity, from monitoring crop growing conditions to analyzing crop quality. Its early devices are meant for coffee, tea and spice producers.

The new round of funding comes less than a year since AgNext’s seed round, backed by Omnivore last April.

You might also like...