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Info Edge will sell its entire stake in Gramophone in exchange for a 15.7% stake in Unnati
Info Edge plans to invest INR 35 Cr in Unnati post the acquisition, which will prop up its stake in the startup to 20.53%
Gramophone sells seeds, fertilisers, nutrients, pesticides, farming equipment, among others, to farmers directly and through small retailers via an omnichannel model
Agritech startup Unnati is set to acquire Info Edge-backed peer startup Gramophone
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In an…
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Info Edge will sell its entire stake in Gramophone in exchange for a 15.7% stake in Unnati
Info Edge plans to invest INR 35 Cr in Unnati post the acquisition, which will prop up its stake in the startup to 20.53%
Gramophone sells seeds, fertilisers, nutrients, pesticides, farming equipment, among others, to farmers directly and through small retailers via an omnichannel model
Agritech startup Unnati is set to acquire Info Edge-backed peer startup Gramophone.
In an…
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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