Odaku can be installed on any compatible tablet or smartphone, leaving the choice of gadget to the fisherman according to what suits his budget. The startup is also trying to tailor the product to local needs

Mumbai-based early-stage venture capital firm Ankur Capital claims to invest in transformative technology startups, particularly focused towards digitisation, science and technology and others

Infifresh Foods Pvt. Ltd, which operates seafood-focussed business-to-business (B2B) startup Captain Fresh, has raised $2.3 million (Rs 17.2 crore at current exchange rates) in pre-Series A funding.

Early-stage investor Ankur Capital led the round, Bengaluru-based Captain Fresh said in a statement. Incubate Fund India and some Silicon Valley-based angel investors also participated in the round.

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VeGrow has raised $2.5 million in seed funding led by Matrix Partners and Ankur Capital, as the aggregator of small farms looks to bring economies of scale to Indian farmers using technology.

Better Capital, Titan Capital, Sanjiv Rangrass, CEO of ITC’s agri business, Cloudnine founder Rohit MA, Livspace founder Ramakant Sharma, and Park+ founder Amit Lakhotia, also participated in the funding round.

Ankur Capital — a Mumbai-based impact investment firm with a strong emphasis on Indian agri-food tech — has announced a first close on $33 million for its Ankur Capital Fund II (ACF II). Investors at the firm say they expect to reach a target close of $50 million for ACF II later this year.

venture capital firm Ankur Capital has made the first close of its second fund at Rs 240 crore, with the Mumbai-headquartered investor bringing on board British development finance institution CDC as an anchor investor in its latest vehicle.

Rema Subramanian and Ritu Verma, co-founders and managing partners at Ankur Capital, set up the early-stage venture capital firm focussed to leverage the innovations that were happening and the technology that was being developed for sectors such as agriculture, healthcare, education and financial technology.

“The idea stemmed from an innate urge with the both of us to make a true difference and a positive impact in this world. So we combined our skills and strengths and came up the idea for String Bio,” says Vinod Kumar, the 43-year old cofounder of the startup. But, what is the idea?

An industrial biotechnology company, StringBio delivers cost-effective and sustainable solutions by leveraging methane to create value-added commodities for animal nutrition. The Bengaluru-based startup uses SIMP (String Integrated Methane Platform), its proprietary platform to produce the protein. It has already patented five of its key processes surrounding this.

Another company tackling agriculture’s emissions through fermentation, Bangalore-based String Bio, is working to convert methane, a greenhouse gas more potent than carbon dioxide as it traps 28 times more heat, from waste and natural sources into protein powder — initially for animals.