Godrej Group-backed Omnivore Capital seals its maiden transaction and approaches a first close on its fund at R60 crore ($13.2m)
Omnivore Capital, a corporate venturing unit of Godrej Group, an India-based agricultural business, has invested in the series A round of India-based weather forecaster Skyline Met Solutions (SkyMet) for an undisclosed sum. It has taken a 33% stake, according to news provider LiveMint.com.
SkyMet started providing weather forecasting to the Hindustan Times in 2003 and has received prior funding from India-based incubator Villgro.
Mark Kahn, a venture partner at Omnivore, said: "Improved meteorology is critical for the future…
