News
Mandala Capital Featured in India Impact Investing Market Pulse
/1. Could you walk us through the investment thesis that Mandala Capital has developed for the Indian market? Our readers will greatly benefit from understanding the ‘Mandala Playbook’ better when it comes to identifying Agritech companies for investments. Our strategy has evolved from being a minority investor to being more control and operationally oriented. On […]
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Exciting News:
One of our Portfolio Company, Godavari Biorefineries, has filed for an IPO
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Ethanol and bio-based chemicals maker Godavari Biorefineries Ltd on Saturday filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed initial share-sale is a combination of fresh issue of equity shares worth Rs 325 crore and an Offer-for-Sale (OFS) of 65.27 lakh equity shares by promoters […]
Read more »Buzzy Business: This Singapore-Based Startup Raised $28 Million To Grind Flies Into Farm Food
/“People approach insects with a lot of baggage, a lot of fear and disgust,” says Martin Zorrilla, CTO at Nutrition Technologies, in an interview at the startup’s headquarters in Singapore. “We take advantage of the fact that society has looked away, and instead look very closely at these organisms and recognize how remarkable they are […]
Read more »AVCJ Profile: Mandala Capital’s Uday Garg
/The most famous argument against active portfolio management compares the investment industry to the game of tennis. And it’s not flattering. In his 1975 treatise on the subject, Greenwich Associates founder Charles Ellis described professional tennis as a winner’s game, where precision moves and skill decide the outcome. Amateur tennis is a loser’s game, where […]
Read more »Mandala Capital portfolio company Jain Irrigation completes transaction to merge its international irrigation business with Rivulis
/All the regulatory approvals related to the merger of multiple overseas subsidiaries of JITBV have been received by both entities. The condition precedent required by Share Purchase Agreement entered into by Rivulis Pte. Ltd & Jain International Trading B.V, have been satisfied. Jain (Israel) B.V. (step down subsidiary of JITBV) shall hold a strategic minority […]
Read more »Nutrition Technologies gets approval to import insect meal into EU and UK
/A long approval process “It has been a long process, partly because we are the first company in Malaysia to go through the approval process, so we and the Malaysian authorities had to do everything from scratch,” Nick Piggott, co-CEO and co-founder of Nutrition Technologies, told Aquafeed.com. “We originally applied to the Department of Veterinary […]
Read more »Godavari Chairman Samir Somaiya recognized in Bioeconomy 500 for 2023
/All Digest subscribers were eligible to nominate and vote for candidates of their choosing. All honorees on the 2023 Bioeconomy 500 list who attend ABLC can take part in the ceremony honoring and recognizing the Bioeconomy including the presentation of the official medals and ribbons to each honoree. “The bioeconomy has grown leaps and bounds […]
Read more »Mandala Capital invests in insect protein company Nutrition Technologies
/Insect protein, in the form of meal made from the larvae and oil extracted from them, is being promoted as a climate-friendly alternative to animal feeds produced from fish and soy. Nutrition Technologies aims to use the money to expand.
Read more »Portfolio company Jain Irrigation’s International Irrigation Business and Temasek-owned Rivulis to merge to create a Global Irrigation and Climate Leader
/Rivulis Pte. Ltd. (“Rivulis”) and Jain Irrigation Systems Limited (“Jain Irrigation”) are pleased to announce that they have entered into definitive transaction agreements pursuant to which Rivulis will acquire multiple overseas subsidiaries which consist of the International Irrigation Business (“IIB”) of Jain Irrigation. The transaction consideration is a combination of cash and stock. Jain Irrigation will receive […]
Read more »Mandala Capital portfolio company Keventer Agro files draft papers for an IPO
/ICICI Securities, Axis Capital and JM Financial are the book running lead managers for the issue. The proceeds from the issue worth ₹155 crore will be used to repay debt and ₹110.76 crore will be used for funding capital expenditure requirements. As of March 2021, its total income was at ₹836.03 crore versus ₹958.25 crore a year ago. Net […]
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Social Impact Highlight:
Food Safety
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Increased demand for (perishable) foodThe world’s population is expected to increase by two billion people in the next 30 years, with demand for food and livestock in 2050 estimated to be 56% greater than in 2010. As health-conscious and richer consumers around the world seek to consume more meat, fruits and vegetables, fresh and frozen, all […]
Read more »Uday Garg on Global Law and Business Podcast: Episode #34
/01:21 Introducing Uday 02:26 Breaking down the food and agriculture investment food chain 06:33 Why invest in India and SEA 10:30 Family business 12:19 Mandala Capital’s playbook 18:19 Agritech investing for productivity and efficiency 29:17 Mandala’s approach to impact investing
Read more »Indian Renewables and the Circular Economy Paradigm
/In contrast to the ‘take-make-waste’ linear model, a circular economy approach to economic development is today widely favoured because it benefits businesses, society, and the environment. Regenerative by design, it aims to gradually decouple growth from the consumption of our planet’s finite resources. This month, we share snippets from Samir Somaiya, CEO of Godavari Biorefineries, who […]
Read more »Weathering the Storm to Achieve Scalable and Sustainable Impact
/In turn, these questions have contributed to a myriad of pressures on policymakers and commercial entities. As balance sheets weaken (especially for early-stage companies) and both a social need and opportunity have become even more widespread, fund managers looking for sustainable food and agriculture investment opportunities must rethink the meaning of social impact. Governments and […]
Read more »Perspectives on the Ag industry – Part II: How technology is driving change in the industry
/New Technology: Over the last 5-10 years, several new technologies have been developed and are staring to make inroads into the input ag system. Molecular or Marker assisted breeding and advanced breeding techniques Precision Agriculture – data analytics Microbial or Biologics Gene editing Robotics New crops Molecular or marker assisted breeding: Advances in molecular or […]
Read more »Perspectives on the Ag industry – Part I: How Consumers are driving change in the industry
/Executive Summary: The Ag and Food industries are changing rapidly as consumer demands and technology innovation drive change. The next 20 years promise to be an exciting time as we see a whole new range of foods and technology in the marketplace. The last 60 years was mostly about productivity and efficiency in producing food […]
Read more »Recap on Food Future Funds Symposium 2019
/Over 60 thought leaders across the food value chain and key members of the global investment community were exclusively invited to participate in this event. What ensued was a fruitful afternoon full of intriguing ideas and new collaborations fostered between industry players, all with the aim of accelerating growth opportunities within the Agri industry in […]
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