Sharad Sharma to invest 25 lakh in fish farming startup IntensAquatica - News Summed Up

Sharad Sharma to invest 25 lakh in fish farming startup IntensAquatica


The startup is using technology solutions to increase yield from fish farms through intensive farming. "This company has a smart set of technology entrepreneurs who are doing for fish farming what Israeli product firm Netafim did for drip irrigation in India," said Sharma. BENGALURU: Angel investor Sharad Sharma has put in Rs 25 lakh in fish farming startup IntensAquatica , adding the first agricultural technology firm to his portfolio at a time when companies in this sector are witnessing an uptick in valuation.Sharma, who heads iSPIRT, has also helped IntensAquatica raise Rs 2.5 crore from some investors from the Let's Venture platform that connects startups and investors. IntensAquatica was founded this year by Bengaluru-based entrepreneur Ganesh Yala. "Of the 11 agritech startups we have invested in so far, three companies have shown a valuation markup of 3x from the previous rounds.


Source: Economic Times July 13, 2016 22:18 UTC



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