IFA Fund commits $6 million investments in Nu Genes

Date posted: Thursday 26 December 2019

Innovation in Food and Agriculture (IFA) Fund, which is managed by Sathguru Catalyzer Advisors, has committed an investment of up to $6 million to pick a minority holding in Nu Genes Private Limited, a growth-oriented nutrition crop focused seed company. “The investment will help us foray into international markets with crop traits that are uniquely suited in tropical agriculture environment,” PN Reddy, Founder and Chief Executive Officer of Nu Genes Seeds, said.

(Business Line)