Tuesday
August 25
2020

Impact Investor Acumen Fund Backs Agri-Tech Firm Kheyti

By Narinder Kapur

Kheyti Tech Pvt. Ltd, an agricultural-technology firm focussed on improving the yields and income of small farmers, has raised funding from impact investor Acumen Fund.

Acumen said in a statement it invested in Telangana-based Kheyti along with existing backer Ceniarth. It didn’t disclose the amount it invested.

US-based Ceniarth is a single-family office focussed on underserved communities by funding non-profit, for-profit and hybrid organisations. It has been investing in Kheyti since 2018, with this capital infusion marking its third bet.

Photo courtesy of WBK Photography.

Source: VCCircle (link opens in a new window)

Categories
Agriculture, Investing
Tags
agriculture, emerging economies, ESG investing, financial services, impact investing, profits, smallholder farmers, startups