Hyderabad: Innovation in Food and Agriculture (IFA) Fund managed by Sathguru Catalyzer Advisors commits investment up to 6 million Dollars for minority holding in Nu Genes Private Limited, a growth oriented nutrition crop focused seed company. The investment will propel the Nu Genes’ foray into international markets with crop traits that are uniquely suited in tropical agriculture environment. Nu Genes’ pipeline products in cereal, vegetable and grain crops are focused on stress tolerance in the light of climate change adaptation by small land holder farmers in Asia and beyond.
We are excited with the opportunity to expand our product range and expand our market presence with our seed traits that are uniquely focused on tropical agriculture. We have chosen the investment from IFA Fund due to deep insights our investors bring in propelling our growth, said Mr.PN Reddy, Founder and CEO of Nu Genes Seeds.
“Our focus on investment in Nu Genes is to address future needs of the farmers in adapting to climate change and provide seed traits that can be adopted in dry land and humid tropical farms with potential to provide nutrition to needy communities. Nu Genes products have potential to secure footprint in several needy countries” said Krishna Kumar, Chairman of Sathguru Catalysers.
Innovation in Food and Agriculture Fund is India focused investment Fund sponsored by Sathguru Management Consultants. The Fund invests in innovation driven growth ventures with potential to transform the Agriculture and market ready food products.