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

Vicky Kaushal and Katrina Kaif became parents and shared their first post after the birth of their baby.

Katrina Kaif announced her pregnancy in September with a beautiful post. Now, happiness has final

Taliban clarifies on the ban in women's university: Girls don't wear hijab from home, wear such clothes as if they have come to marriage

University education for girls has been completely banned in Afghanistan. A day later, Higher Edu

'Who Kangana?', Annu Kapoor reacted to Kangana Ranaut's slapping incident, and people were surprised to hear the answer

Bollywood actor Annu Kapoor is in the headlines these days for his film 'Hamare Baarah'. There ha

Weather Update: Possibility of rain in Delhi-UP, a yellow alert for heat wave in Punjab; temperature reaches 47 degrees in Rajasthan

The sudden change in weather on Wednesday night in Delhi NCR, Haryana and Uttar Pradesh caused ha

Kullu Cloudburst: The havoc of the weather is not stopping... Cloudburst causes havoc again in Kullu, many shops, including the bridge, were washed away

Due to heavy rains in the district of Kullu last night, a cloudburst in Samana of Laghati has cau

Doctors set up OPD on the road in Delhi, patients are facing a huge problem in Bihar; a Protest march was taken out in Rohtak

On Monday, doctors in many cities of the country went on strike and staged protests against the r

Wrestlers Protest: After the clash at Jantar Mantar, Congress supported the daughters, saying - no need to fear

Delhi Police clashed late on Wednesday night with wrestlers sitting on a dharna over the arrest o

'Home Minister should take back his words', Mayawati said on Amit Shah's statement on Bhimrao Ambedkar.

The heat of politics of opposition parties, which started after Home Minister Amit Shah's stateme

World Cup: KL Rahul's selection for the World Cup is decided, Samson's dream will be shattered! Know which players can get a place

The Indian team will be selected for the World Cup on Tuesday (September 5). It is believed that

The Raja Saab: The Director's statement regarding the story of Prabhas's film surfaced on IMDb, know what Maruti said

After the film 'Saalar Part 1 Ceasefire', South superstar Prabhas is now in the headlines for his