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BASF Venture Capital invests into UrbanKisaan

BASF Venture Capital GmbH (BVC), the investment arm of German chemicals major BASF, has invested an undisclosed amount in Indian agri-based startup UrbanKisaan that specialises in hydroponic cultivation of various types of vegetables, greens and herbs in tropical urban environments.

This is BVC’s first investment in an early-stage business focusing on India.

Conceptualised in 2017, UrbanKisaan operates several suburban greenhouses and vertical indoor farms in Hyderabad and Bengaluru. The company sells the fresh produce, some of which is grown directly in the shops, in its franchise-owned brick-and-mortar stores and via app and website.

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