Agritech startups touches Rs 6,600 Cr by private equity investments, says report
- ByStartupStory | March 3, 2022
The investments into the agritech space from the private equity (PE) segment in India is growing by about 50 percent per annum, aggregating around Rs 6,600 crore between 2017 and 2020, shows a report by Bain & Company and Confederation of Indian Industry (CII).
Disruptive Business Models are Stimulating Inclusive Growth in Agriculture and Rural Finance’ which has been titled as ‘Innovation in India’s Rural Economy, as noted by the report. It also notes on how the broad changes that have been made in the Indian agricultural sector are leading to these investments.
India’s rural ecosystem has evolved significantly with multiple enablers priming this space for future growth over the past decade, notes a report. Such trends have created an environment ripe for innovation in order to allow the startups and traditional players to introduce disruptive business models that address inefficiencies, particularly in India’s agriculture and finance sectors. In order to improve efficiency and access to credit, significant domestic and international investments are being pumped into the sector.
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