Innoterra Acquires Agritech Fasal’s Fresh Food Distribution Biz

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SUMMARY

The acquisition will enable Innoterra’s B2B ecommerce platform Farmlink to boost supply chain, expand its distribution footprint and diversify into non-perishable goods space

There was no clarity on the financial contours of the deal

Founded in 2018, Fasal leverages its proprietary AI and IoT stack to help farmers achieve better productivity and yields

Homegrown agritech platform Fasal’s fresh food distribution business has been acquired by Swiss-Indian agritech platform Innoterra for an undisclosed amount. 

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Innoterra Acquires Agritech Fasal’s Fresh Food Distribution Biz


SUMMARY

The acquisition will enable Innoterra’s B2B ecommerce platform Farmlink to boost supply chain, expand its distribution footprint and diversify into non-perishable goods space

There was no clarity on the financial contours of the deal

Founded in 2018, Fasal leverages its proprietary AI and IoT stack to help farmers achieve better productivity and yields

Homegrown agritech platform Fasal’s fresh food distribution business has been acquired by Swiss-Indian agritech platform Innoterra for an undisclosed amount. 

The…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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