Nature Nurture (Good Businesses 2016 – Outlook Business)
: September 9, 2016
Did you know that 60% of a crop’s yield depends entirely on soil fertility? I didn’t either, till I met K Karthik, the founder of Suma Agro who calls soil fertility the bedrock of agriculture. Karthik is concerned over the excessive use of fertilisers and the resulting significant drop in yields. He then points out that in 1970, where one kg of NPK fertiliser yielded 15 kgs of foodgrain, the same one kg mixture yields only 4 kgs of foodgrain today.More details..
Ankur Capital invests Rs 60 lakh in Chennai-based Suma Agro
: July 28, 2016
Early stage venture capital fund Ankur Capital which is bullish on agri-tech announced Rs 60-lakh investment in a Suma Agro, a Chennai-based sustainable agro-input company.
As per Rema Subramanian, Partner at the fund, the Rs 40-crore fund has three more investments in the pipeline — one in a cold storage company and the other two in agriculture inputs and healthcare. More details..