South Korea city New Delhi India 2020 pandemic information South Korea city New Delhi India

Pandemic draws farmers, investors to agritech startups

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www.livemint.com

NEW DELHI/BENGALURU : On Monday, agri-fintech startup Jai Kisan raised $30 million in a funding round led by South Korea’s Mirae Asset, signalling expanding investor interest in a sunrise sector.As lockdowns and restrictions disrupted supply chains, agritech has helped farm produce reach the market and manage cash flows, endearing these startups to farmers and attracting investor interest.Many farmers began selling their produce to agritech startups as regular markets shuttered during last year’s lockdown.

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