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Incofin, Korys, FMO and Proparco led a $40m funding round in Sahyadri Farms.

Synopsis

Incofin, a global impact investor, Korys, an investment management, FMO, a Dutch entrepreneurial development bank, and Proparco, a provider of private sector funding, led a $40m funding round in Sahyadri Farms, a producer of fruits and vegetables. "The idea of Sahyadri Farms is to unite farmers and make them think like professional entrepreneurs. We are building a sustainable, scalable, and profitable organization for all our stakeholders by making farming profitable and viable activity for each small and marginal farmer," Vilas Shinde, Sahyadri Farms Founding Farmer and Managing Director.

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