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Proparco Invests in Omnivore's Agritech Fund for India

Proparco, a subsidiary of the Agence Française de Développement (AFD) Group, has made its first venture capital commitment in India by investing USD 5 million in Omnivore's third fund, the Omnivore Agritech and Climate Sustainability Fund.

Omnivore: Transforming Agriculture and Climate Sustainability in India

Omnivore is an impact-driven venture capital firm with a focus on agritech, rural transformation, and climate sustainability across India and Southeast Asia. The firm has a proven track record of supporting innovative startups that aim to enhance agrifood resilience and foster climate action.

• Fibmold
• Optimo
• Sid's Farm
• Scimplify

Proparco's Commitment to Sustainable Development in India

Proparco has been operating in India since 2009, focusing on reducing inequality and combating climate change through private sector collaboration. The investment in Omnivore's fund aligns with Proparco's strategic objectives of promoting a sustainable and resilient economy, protecting the planet, and reducing inequalities.

Strengthening Indo-French Collaboration in Agritech

Thierry Mathoum, Ambassador of France to India, highlighted the significance of this investment as a testament to the comprehensive and extensive nature of the Indo-French partnership. This project marks a crucial milestone in the journey towards the India-France year of innovation, scheduled for 2026.

Empowering Small-scale Farmers for a Sustainable Future in India

Diane Jegam, South-Asia Director of Proparco, emphasized the importance of supporting climate-friendly investments that empower small-scale farmers and strengthen their resilience. Omnivore's commitment to sustainable development in India is crucial in this endeavor.

Proparco's Global Impact through Sustainable Solutions

Proparco maintains an international network of 25 local offices, working closely with partners to build sustainable solutions to environmental and social challenges across Africa, the Middle East, Asia, and Latin America. This investment in Omnivore's fund exemplifies Proparco's dedication to fostering sustainable development globally.