BASF Venture Capital invests in UrbanKisaan

Elvera Bartels

BASF Venture Money GmbH (BVC) has made an financial commitment in UrbanKisaan, an Indian agri commence-up specialising in hydroponic cultivation of several greens, greens and herbs in tropical city surroundings. The financial facts of the financial commitment was not disclosed by each entities.

Operates greenhouses

UrbanKisaan operates quite a few suburban greenhouses and vertical indoor farms in Hyderabad and Bangalore and sells clean develop, some of which is grown directly in the stores, in its franchise-owned brick-and-mortar retailers and by way of an application and web site.

This is BVC’s to start with financial commitment in an early phase enterprise focusing on India. With the financial commitment from BASF, UrbanKisaan programs to further increase its sector presence in India,

Expense-helpful

“Our strategy in hydroponics allows us to develop our food items expense-correctly and with reasonably tiny hard work,” mentioned Vihari Kanukollu, co-founder and CEO at UrbanKisaan.

“Our develop also contributes in direction of sustainability as it is grown in clean, hygienic farms in and all around the metropolis, so minimising the whole carbon footprint. Use of IoT (Web-of-Points)-enabled know-how for checking the farms makes certain pesticide-absolutely free develop. The increasing desire from our buyers exhibits that our concept is very well-received,” he added.

UrbanKisaan’s farms are managed via their proprietary know-how. Nutrient articles, pH levels, atmospheric humidity, CO2 concentration, mild concentration and other vital parameters are managed and adapted to the requires of the individual vegetation with an application.

Hydroponic farming

“UrbanKisaan, as a pioneer in the hydroponics room, has developed a unique increasing method and brings together this with a powerful enterprise model for product sales,” mentioned Markus Solibieda, Controlling Director of BASF Venture Money GmbH.

“AgTech is 1 of our critical financial commitment focus locations around the globe. This consists of, in individual, our objective of supporting impressive agricultural and food items-relevant firms in Asia. We glance forward to discovering additional about hydroponic farming and checking out its probable via a close collaboration among UrbanKisaan and BASF’s agriculture experts,” he mentioned.

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