You can be on Entrepreneur’s cover!

BioPrime Agrisolutions Raises INR 9 Crore In Pre-Series A Funding The company aims to utilise the fund for their SNIPR biologicals registrations, advancing the discovery platform, building a strong IP portfolio, increasing production capabilities, and expansion

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Agbiotech startup, BioPrime Agrisolutions (BioPrime), has raised INR 9 crore in pre-Series A funding round led by tech-focused VC fund Inflexor Ventures. The funding round also saw participation from its existing investor, Omnivore. The company aims to utilise the funds for their SNIPR biologicals registrations, advancing the discovery platform, building a strong IP portfolio, increasing production capabilities, and expansion.

"Bioprime works to transform the way we grow crops making food more nutritious, and residue-free while restoring soil health using cutting-edge technologies and approaches, always keeping sustainability at our core. At Bioprime we are focusing on discovering fundamental aspects of plant communication, developing novel biologicals based on trait-modifying microbes and physiology-modulating molecules," said Renuka, CEO of BioPrime Agrisolutions.

BioPrime Agrisolutions develops agribiologicals that help make crops climate resilient, protecting yields and crops from fluctuating weather, untimely rains, and temperature stress, as per company's statement.

"We believe that the stellar founding team of BioPrime is well equipped to solve the complex food security problem brought to the forefront by climate change. The IP-led, high-throughput biomolecule discovery platform will facilitate faster market access. Such a technology platform fits well with Inflexor's investing thesis of backing impactful, pure science companies from the Indian deep tech ecosystem," said Pratip Mazumdar, partner at Inflexor Ventures.

Inflexor Ventures is a sector-agnostic VC firm that invests in deep and emerging technology startups from pre-Series A to Series B stages.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Science & Technology

How Can Marketers Use ChatGPT? Here Are the Top 11 Uses.

With the recent developments in AI and the popularity of ChatGPT, you may want to integrate AI into your marketing practices. Find out how.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Marketing

5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.

News and Trends

ClaimBuddy Raises USD 5 Mn in Series A Led by Bharat Innovation Fund

The Gurugram-based startup aims to deploy the raised funds to advance its technology, expand its team and sales network, and add new product lines for its growing network of hospitals.

Business Solutions

Visualize Data for Better Business: MS Visio is $23.99 Through April 16

Set your team up for success with a reliable tool for creating organizational charts, diagrams, and more.

Business Solutions

Scan Easier and More Affordably with This 20% Discount

iScanner is a mobile app that makes document management, editing, and sharing easier.