Omnivore Partners India Fund 2

Equity of April 2019

Omnivore Partners India Fund 2 is a Venture Capital fund that invests in start-up technology companies active in the sectors of food, agriculture, and the rural economy in India.

Amount

€ 4,367,820.00

Type of investment

Equity

Development impacts

  • Local economic growth
  • Financial inclusion
  • Food security & rural development

Beneficiary locations

Asia: India

Investment field

Investment Companies & Funds

Activity

SME fund

Organisation

Omnivore Partners India Fund 2

Domicile

India

The Indian context is supportive of innovative solutions that address the market needs in term of rising demand for food as well as the need for technological innovation that overcomes food production challenges. Technology companies can significantly improve the lives of farmers and rural communities across India as they typically offer solutions that improve the farm productivity, reduce expenses, reduce hard labor, improve offtake, and reduce exposure to risks.

Development impacts

  • Local economic growth

    The fund will invest in Indian start-up companies that focus on innovative food, agri-tech and the rural economy.

  • Financial inclusion

    Omnivore Partners was a pioneer in venture capital with focus on the agri-tech industry in India.

  • Food security & rural development

    By raising farm yields, securing better prices for farm outputs and reducing farm expenditures the fund will improve economic opportunities for farmers.

Made possible through this investment

Thanks to the direct funding from BIO, the following second-line investments have been made possible.

Doodhwala

India

Doodhwala is a subscription-based, hyper-local, early morning delivery platform for perishables and daily essentials, sourced directly from local farms and dairies.

Agnext

India

Agnext is a sensing solutions startup that collects spatial, temporal and spectral data across the agriculture and food value chain, helping growers and food processors to improve their productivity, quality and profitability.

TartanSense

India

TartanSense is an agricultural robotics startup that builds low-cost, semi-autonomous farm robots aimed at smallholder farmers to assist in farming operations such as de-weeding and fertiliser application.

DeHaat

India

DeHaat is a technology-based platform offering end-to-end agricultural services to farmers, including distribution of high-quality agri inputs, customized farm advisory, access to financial services, and market linkages for selling their products.

Intello Labs

India

Intello Labs is an artificial intelligence startup that uses computer vision and deep learning tools to build a platform for quality grading and monitoring of agricultural commodities.

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