Latest News | SBI Foundation, Villgro Announce Rs 6 Cr Portfolio for Agri-tech Startups

New Delhi, Oct 14 (PTI) SBI Foundation and Villgro on Monday unveiled the 'Innovators for Bharat' portfolio, committing Rs 6 crore to support 14 innovative agri-tech startups.

SBI Foundation is the CSR arm of the State Bank Group.

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Selected startups include Bharat Rohan, RAAV Techlabs, Navork Innovations, Marut Drones, GreyMatter (Upaz), Carbon Masters, Raheja Solar, Ekosight, Pasidi Panta, Agrosperity (Kivi), Krimanshi, RuKart, GreenSupply and E-Feed.

The onboarded cohort startups are solving critical sustainability issues like reducing post-harvest losses, creating value from agricultural waste, and mitigating CO2 emissions, a company statement said.

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Over the next two years, the programme aims to positively impact 10,000 individuals, promote sustainable practices across 60,000 acres, and prevent 15,000 tonnes of CO2 emissions, it said.

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Bank of Baroda launches product offering up to 7.3 pc interest

* State-run Bank of Baroda on Monday launched a product offering up to 7.30 per cent to depositors, amid a war for deposits in the system.

The lender has also hiked interest rates in the 3-5 years deposit buckets by 0.30 per cent to 6.80 per cent, and also sweetened the offering for green term deposits by 0.30 per cent, according to a statement. PTI ANK AA

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