India: SEAF Capital to invest up to $25m in agri-startups from second fund

Combine and harvester in a field. Image from Freedigitalphotos.com Photo by adamr. ID: 10074614

SEAF India Investment Advisors (SIIA)  is going to invest between $20 million and $25 million in startups in the agri-business sector by the end of the financial year.

SIIA has used 85 per cent of its first India Agribusiness Fund, said managing director Hemendra Mathur, in a chat with DEALSTREETASIA. The firm is in talks to close one more investment from that fund, and then will utilise the second for which it raised $150 million from international and domestic investors.

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