Monthly Archives

July 2018

Moneyball: Mark Kahn Of Omnivore Says Indian Agritech Sector Is Ripe For Disruption

By | News | No Comments

Moneyball: Mark Kahn Of Omnivore Says Indian Agritech Sector Is Ripe For Disruption

Venture capital firms are almost synonymous with technology startups. Some of the biggest names in the venture capital industry have seen their path to success paved through the golden doors of Silicon Valley. So why would a venture capital firm like Omnivore bet its money on agricultural entrepreneurs?

Mark Kahn, the founding partner at Omnivore, believes that the answer is a no-brainer as when the opportunity involves feeding 1/6th of humanity and taking part in the ecosystem that makes that happen. Founded in 2010 by Jinesh Shah and Mark Kahn, Omnivore started operations in 2011 and is entirely focused on the agritech space in India.

Sidbi commits $29m to four funds to support startup financing

By | News | No Comments

Sidbi commits $29m to four funds to support startup financing

The Small Industries Development Bank of India (Sidbi) on Friday tweeted that it has committed Rs 200 crore under the Fund of Funds Scheme (FFS) to four alternative investment funds (AIFs) namely Omnivore Partners India Fund 2, TVS Shriram Growth Fund 3, IQ Alpha III, and Capaleph Indian Millennium SME Fund.

For India’s agri-tech startups, the wind of change is finally here

By | News | No Comments

For India’s agri-tech startups, the wind of change is finally here

First, two things you need to know, in case you don’t already, about India’s agriculture sector and India’s startups.

One: Nearly half of India’s population works in agriculture. But it contributes less than a fifth of India’s GDP. In other words, it has very poor operational efficiency.

Two: The vast majority of Indian startups, particularly the big venture capital-funded ones, are urban-centric. They have founders with urban backgrounds, they cater to urban demand, and are ov ..