MUMBAI: Switzerland-based agri-food investment firm, Pioneering Ventures, has acquired Lateral Praxis, an Indian agri-tech company, a senior executive told Mint in an interaction.
The value of the transaction, however, was not disclosed. The acquisition will help improve the firm's downstream reach of tech-enabled solutions for food supply chain including information access, apps, data analytics and risk mitigation, said Pablo Erat, co-founder of Pioneering Ventures. “Our initial focus was to integrate supply chains end-to-end to facilitate data-driven transformation from farm to fork.
To create a positive change by reshaping the ecosystem, we need to reimagine the way food is produced and supplied, while empowering and connecting all
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