Grow Indigo raises $8 million to advance the future of sustainable agriculture.

Sustainable agriculture startup Grow Indigo on Sunday said it has raised more than $8 million (about ₹67 billion) in a funding round that has raised more than $23 million (about ₹191 billion) so far. “This round attracted interest from investors worldwide, including Indigo Ag, Mahyco and individuals, and the fund raised will be used to advance the future of sustainable agriculture,” the company said in a statement. Grow India is a joint venture between Indigo Ag and Mahyco, established in 2018. 

The company has a carbon agriculture platform for smallholder farmers in India that includes four carbon programs in 13 states with the goal of cumulatively reducing or eliminating. 20 tons of agricultural carbon dioxide emissions per year. About 8,00,000 acres are already registered with the company and its programs. andquot;At the heart of sustainability, we have now shown that farmers widely used biological inputs and carbon solutions, and Usha Barwale Zehr, CEO of Grow Indigo, added.

Leave a Reply

Your email address will not be published. Required fields are marked *