DBT Bureau
Bengaluru, 29 March 2025
Agritech startup, Grow Indigo has raised $10 million of funding from British International Investment (BII), the UK’s development finance institution and impact investor.
According to the company, these funds will be utilised to expand sustainability programmes across India along with scaling up of carbon farming initiatives.
“Regenerative agriculture is the future of farming, not only for improving soil health, conserving water but also for creating improved livelihoods for millions of smallholder farmers,” said Dr Usha Barwale Zehr, Executive Director of Grow Indigo.
“With this funding, we will accelerate farmer enrollment and scale carbon farming initiatives. Maintaining integrity of the sustainability outcomes, by way of carbon credits and Scope 3 emission reductions, is of utmost importance to us and will bring maximum value to farmers with our science-backed MRV offerings. We are thrilled to be partnering with BII to pursue these critical objectives for India’s sustainability objectives,” she added.
The company was founded in 2018 by Mahyco and Indigo Ag, USA. It promotes regenerative practices like direct seeded rice and no-tillage farming, enhancing soil health, conserving water, and reducing greenhouse gases.
The company has been enabling Indian farmers to earn carbon credit through sustainable agricultural practices. The company had raised $8 million last year as part of its drive to make sustainable agricultural practices popular.
