Delhi: Investment in agri-food startups doubles to $4.6 billion, e-grocery among top gainers

Posted on 1st Dec 2022 04:07 pm by rohit kumar

Investments in technology startups in the agriculture and food sector in FY22 increased two-fold to $4.6 billion during the previous fiscal year.

 

 

It has been said in a report that the maximum amount has come from restaurants and e-grocery. This investment in Agrifoodtech startups is 119 percent more than in 2021. Meanwhile, the number of deals also increased from 189 to 234. Restaurant marketplaces and e-grocery were among the top gainers with $1.9 billion and $1.4 billion in funding, respectively. Restaurant marketplaces and e-grocery account for 66 percent of the total funding in AgriFoodTech.

 

Also Read: GDP Data: The pace of growth of the Indian economy slowed down, GDP was 6.3 percent in the second quarter of 2022-23

Other news

Now Uzbekistan has spoken – Indian cough syrup killed 18 children: given without medical advice, Gambia also made similar allegations

The Uzbekistan government has alleged that 18 children died in their country after being given co

Who is demanding the repeal of the Waqf Act? There will be a big hearing in SC today, understand the whole matter in 10 points.

The petitions filed in the Supreme Court regarding the Waqf Act will be heard today. From 2 p.m.,

PM Modi took an update on the tunnel accident over the phone from the Chief Minister, said - 'All the laborers will be evacuated safely'

Prime Minister Narendra Modi on Monday spoke to Uttarakhand Chief Minister Pushkar Singh Dhami ov

Ukraine War: Putin had threatened to attack Britain before Ukraine, Boris Johnson said – threatened me on the phone

Boris Johnson's Claim on Putin Former UK Prime Minister Boris Johnson has made a big disclosure t

North Korea threatens to shoot down American reconnaissance planes, 'a nuclear war may break out'

North Korea on Monday accused the US of violating its airspace with reconnaissance planes and thr

Congress will take out Bharat Jodo Yatra from Arunachal to Gujarat: Rahul Gandhi said - We do not have our own house for 52 years, Sonia became emotional

Congress leader Jairam Ramesh said on the third and last day of the ongoing 85th Congress session

Captain Miller: First look of Dhanush's film 'Captain Miller' released, actor seen standing on the battlefield

Tamil superstar Dhanush is in tremendous headlines these days for his upcoming film Captain Mille

Champions Trophy: After the controversy, PCB took a big step, India's flag was hoisted at Karachi Stadium

The Champions Trophy is going to start from today. Before the start of the tournament, a big cont

Sri Lanka: Sri Lanka did not allow the Chinese Navy ship to stop, Foreign Minister said - India's concerns are important

Sri Lankan Foreign Minister Ali Sabri said on Monday that his government has not allowed the Chin

Lok Sabha Election 2024: What does the foreign media say about BJP's victory? The New York Times report will shock you

Indian media was already painted in the election color even before the bugle of the Lok Sabha ele