Omnivore Capital is raising $50m and India-based conglomerate Godrej Group will commit 10% to the fund and has already made one recruit to a team that will act as its general partner.
Godrej Group, an India-based conglomerate, is providing the cornerstone investment to its early stage corporate venturing fund being launched to invest in agricultural technology start-ups.
Omnivore Capital is raising $50m and Godrej, through its Agrovet agriculture division, will commit 10% to the fund and act as its general partner.
Omnivore has hired Atish Babu from his role as a vice president at local venture capital firm Nexus India Partners to be an investment partner and is expected to…