Last year, Indias Agrifoodtech startup attracted $250 million, jumping 3 times from 2023: Report
New Delhi, April 16 (PTI) investment in India’s Agrifoodtech startup jumped more than three times, driven by funds raised by fast-moving business firm Zepto last year, a report shows.
Omnivore, in partnership with global investment platform Agfunder, released a report titled “201 Agrifoodtech Investment Reports 2025” on Wednesday.
According to the report, investments in India’s Agrifoodtech startups were $2.5 billion in 2024, compared with $886 million in the previous year.
Last year, Zepto raised $1.4 billion in multiple rounds.
“India’s first round of competition in 2024 highlights continued investment in layered and restaurant-related startups, which is perfect for the country given its dense urban environment and large population.
According to a statement, Agrifoodtech’s investment in developing markets reached US$3.7 billion in 2024, an increase of 63% from 2023 and 23% of global investment.
“As the industry ended less, trading activity fell by 8.4% to 523,” it said.
Among the five of the top ten countries, investment increased: India $2.5 billion (215%), Singapore $172 million (3%), Mexico $97 million (250%), Vietnam $87 million (350%) and Chile $58 million (33%) (33%).
India’s layered platform Zepto, the world’s most funded Agrifoodtech company in 2024, raised nearly $1.4 billion in three late-stage deals, the statement said.
