2017: The Inflection Year for Indian Agtech

The Series C funding of $10 million in Skymet recently announced epitomizes the growing interest of investors in Indian agtech space, writes Hemendra Mathur on YourStory.com.


In addition to Skymet, two other Indian agtech start-ups — EM3 and Agrostar — were able to attract $10 million cheque in this calendar year in their respective Series B funding rounds.

This year has been more promising than the previous year for the agricultural sector, which has traditionally been a misunderstood sector among a majority of investors.

A total of $30 million raised in 2017 across three deals stated above is approximately one fourth of the total aggregate funding which Indian agtech sector has received in last four years (2013-2017) across 60 odd deals. Clearly, the increase in number of deals and larger size of investments in Indian agtech in 2017 marks an inflection point for the sector.


Read more at YourStory.com.

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