Omnivore, a pioneering venture capital firm in agriculture and food-tech investments, has raised $150 million in the first close of its third fund. The firm, which has a decade-long track record of supporting agritech innovation in India, plans to use the fund to invest in 25-30 early-stage startups that develop cutting-edge solutions in the agricultural sector.
The new fund will prioritize climate-smart agriculture, agrifood life sciences, and rural fintech, aiming to improve productivity, sustainability, and financial inclusion for India's smallholder farmers.
Investment Strategy & Focus Areas
Omnivore will make seed and Series A investments, ranging between $1 million to $5 million per startup. The key focus areas include:
- Climate-Smart Agriculture: Startups leveraging AI, IoT, and sustainable farming techniques to enhance agricultural productivity and climate resilience.
- Rural Fintech: Digital financial solutions designed to improve credit access and financial stability for farmers and rural communities.
- Agrifood Life Sciences: Innovations in crop protection, soil health, bioengineering, and alternative proteins to advance food security and sustainability.
Key Investors & Financial Backing
The fund has attracted significant institutional investors, including:
- KfW (Germany’s development bank)
- Self Reliant India Fund
- FMO (Dutch entrepreneurial development bank)
- SIFEM (Swiss Investment Fund for Emerging Markets)
- International Finance Corporation (IFC)
These global financial players signal strong confidence in Omnivore’s ability to drive agricultural transformation in India.
Omnivore’s Track Record in Agritech Investments
Omnivore has played a pivotal role in India's agritech revolution, with a portfolio that includes:
- DeHaat – An agribusiness platform providing end-to-end solutions for farmers.
- Arya – A leading post-harvest agritech platform.
- Stellapps – A dairy-tech startup optimizing supply chains.
- ReshaMandi – A digital platform for India’s silk industry.
- Ecozen – A climate-smart farming technology company.
- Aquaconnect & Pixxel – Startups enhancing water conservation and satellite imaging for agriculture.
By continuing to back disruptive agritech startups, Omnivore aims to further modernize India’s agricultural sector and empower millions of farmers.