📺 Stream EntrepreneurTV for Free 📺

JITO Angel Network Participates In $7mn Investment Round This is JAN's first investment in the agritech space and third investment in companies located outside of India.

By Entrepreneur Staff

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

Company Handout

JITO Angel Network (JAN), the only global community-based Angel network in India, has participated in a $7 million investment round in Israeli-based bio-agritech company BetterSeeds, via the global venture investing platform OurCrowd.

This is JAN's first investment in the agritech space and third investment in companies located outside of India. The network's investment portfolio, otherwise expands across sectors such as media and entertainment, deep IoT, healthcare, ecommerce, automotive, and green energy.

BetterSeeds, co-founded by renowned agronomist Ido Margalit and molecular biologist Dr. Tal Sherman, develops seeds that support automated harvesting, better nutritional values, bigger yields, and adaptability to changing climate conditions. It uses the world's most advanced gene editing (non-GMO) technology, CRISPR technology, to design agricultural crops for desirable traits.

The venture is also one of a select few group of companies that has been granted a licence to use CRISPR techniques for crop design, and the only such company in Israel. The company holds an extensive patent portfolio protecting the genes that determine those traits to be included in the genetic platform of the seeds produced.

"We can't be prouder to support Betterseeds' innovative solution in developing seeds that have the capability to respond to climate change patterns. The breakthrough CRISPR technology that Betterseeds uses to naturally edit genome systems could forever alter crop productivity, and be the answer to solving food shortages and caloric deficiency globally," said Sunil Kumar Singhvi, Vice Chairman, JITO Angel Network.

"We are also keenly watching the agritech space for solutions that are sustainable and will go a long way to improve our response to climate change," adds Singhvi.

According to Adroit Market Research, the global agritech market is estimated to reach around USD 45 billion by 2028, growing at a CAGR of up to 14%.

Rising demand for high performance, superior quality, high efficiency, and productivity products across the agriculture sector with advanced technological capabilities, is expected to push this growth of the sector.

Entrepreneur Staff

Entrepreneur Staff


For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."


5 Ways Solopreneurs Can Scale Their Business Through Collaboration

Our culture loves to perpetuate the myth that entrepreneurs must go it alone. But for many, the path to success is found in collaboration.

Business News

Samsung's New Ad Pokes Fun at Apple's Controversial 'Crush' Ad

Creative universes overlap in a new ad from Samsung.

Business News

Warren Buffett Finally Reveals What Mystery Company Got a $6.7 Billion Investment from Berkshire Hathaway

Berkshire Hathaway purchased over 26 million shares of the insurance giant, Chubb.

Starting a Business

Are You Ready For Entrepreneurship? Here's How to Break Free of the Corporate Grind to Pursue Your Passion

Before you quit your 9-5, evaluate these myths vs realities of being an entrepreneur.