{"id":12274,"date":"2020-08-10T17:45:08","date_gmt":"2020-08-10T12:15:08","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=12274"},"modified":"2020-08-10T21:49:49","modified_gmt":"2020-08-10T16:19:49","slug":"government-of-india-funding-agri-start-ups-with-24-85-crore-fund","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/government-of-india-funding-agri-start-ups-with-24-85-crore-fund\/","title":{"rendered":"Government of India Funding Agri Start-ups with 24.85 Crore Fund"},"content":{"rendered":"\n<p>The Agriculture Ministry supports&nbsp;agri-entrepreneurship to promote Agricultural innovation. Government of India to fund 234 more Agri start-ups with a 24.85 crore fund.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Agriculture Ministry Funds 234 More Start-ups<\/h4>\n\n\n\n<p>Union Minister for Agriculture<a href=\"https:\/\/www.grainmart.in\/news\/agriculture-minister-asks-state-officials-to-ensure-smooth-running-of-farm-activities-in-india-amid-lockdown\/\"> Narendra Singh Tomar<\/a> confirms that the Agriculture Ministry would fund&nbsp;234 more Agri startups. Total funding of&nbsp;Rs 24.85 crore under a central scheme will go to the agriculture and allied sector businesses. The government is working on nurturing the incubation ecosystem under the <a href=\"http:\/\/rkvy.nic.in\/\">Rashtriya Krishi Vikas Yojana<\/a> (<a href=\"https:\/\/www.grainmart.in\/news\/subsidies-for-farmers-in-india-for-selected-machinery\/\">RKVY<\/a>). It has already funded 112 startups with Rs 11.85 crore. These Agri start-ups have been trained in 29 agri-business incubation centres across the country. In total, the Ministry has funded 346 startups with a sum of Rs 36.71 crore.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2019\/11\/agri-startups.jpg\" alt=\"India to Fund 234 More Agri start-ups With a 24.85 Crore Fund\" class=\"wp-image-1498\" width=\"431\" height=\"323\" srcset=\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2019\/11\/agri-startups.jpg 640w, https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2019\/11\/agri-startups-300x225.jpg 300w\" sizes=\"(max-width: 431px) 100vw, 431px\" \/><figcaption>India to Fund 234 More Agri start-ups With a 24.85 Crore Fund<\/figcaption><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\">Start-ups Offering Different Farm Solutions<\/h4>\n\n\n\n<p>The said agri-startups will not only provide efficient farm solutions but will also increase the income of the <a href=\"https:\/\/www.grainmart.in\/news\/farmers-overcome-labour-shortage-issue-with-direct-seeding\/\">farmers<\/a>. Activex Animal Health Technologies, also known as Vetzz, is one such start-up that connects the customer (animal owners) with vets. The business provides teleconsultation and doorstep visits. <\/p>\n\n\n\n<p>Similarly, SNL Innovations InnoFarms is another start-up that processes fruit and vegetable pulp directly at the farm. Further, it uses an in-house developed monoblock fruit processing platform to provide a shelf life of one year to the processed pulp. On the other hand, EP polymer will solve the <a href=\"https:\/\/www.grainmart.in\/news\/rural-india-shows-sustainable-farming-methods-for-greener-agriculture\/\">water scarcity<\/a> problem for farmers. It has developed an eco-friendly super absorbent polymer that will help the soil to retain water for much longer and will see its supply as required.<\/p>\n\n\n\n<p>Not only this but also the Ministry is encouraging start-ups led by women. Also, A2P Energy Solution is such a start-up funded by the Ministry, which works with farmers to collect biomass waste tracked by AI.&nbsp;<\/p>\n\n\n\n<p>To conclude, the government of India is extending its full support to take agriculture to new heights in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Agriculture Ministry supports Agri- entrepreneurship to promote innovation. Government of India to fund 234 more Agri start-ups with a 24.85 crore fund.<\/p>\n","protected":false},"author":13,"featured_media":2120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[23092,23088,23087,5869,8001,10957,23057,202,23084,23056,7886,23086,23085,5957,23090,23089,23091],"class_list":["post-12274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-a2p-energy-solution","tag-activex-animal-health-technologies","tag-agri-business-incubation","tag-agri-startups","tag-agriculture-ministry","tag-ai","tag-farm-solutions","tag-farmers","tag-funding-234-agri-start-ups","tag-funding-agri-startups","tag-goi","tag-incubating-ecosystem","tag-incubation","tag-narendra-singh-tomar","tag-snl-innovations-innofarms","tag-teleconsultation","tag-water-scarcity"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Government of India Funding Agri Start-ups with 24.85 Crore Fund - Grainmart News<\/title>\n<meta name=\"description\" content=\"The Agriculture Ministry supports Agri- entrepreneurship to promote innovation. 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