India-Focused Agtech VC Omnivore Partners Holds First Close on $46m for Second Fund
Omnivore Partners has announced the first close of its second fund, Omnivore Partners India Fund 2, on $46 million.
Omnivore, which calls itself an “impact venture fund” is solely focused on agtech investments in India, and investors (LPs) in the fund were largely impact-minded funds from Europe, India, and the US, demonstrating the growing link between agriculture and impact investing.
“I think agriculture is becoming a key part of impact investing globally and these investors are very aligned with our long-term goals,” Omnivore founding partner Mark Kahn told AgFunderNews.
LPs invested in the fund include German government-owned development bank KfW, the Small Industries Development Bank of India, the Dutch Good Growth Fund (DGGF), The Rockefeller Foundation, US-based impact-focused family office Ceniarth, Indian commercial bank RBL Bank, and the US-based Sorenson Impact Foundation.