Agrow Allied Raises USD 20M from ICICI Venture
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Agrow Allied Ventures secures USD 20 million from ICICI Venture to fuel business expansion in agrochemicals.
New Delhi, Apr 20 (PTI) Agrochemical firm Agrow Allied Ventures Pvt Ltd has raised USD 20 million from ICICI Venture's fund to expand business.
In a statement on Monday, the company said it has raised "equity investment of USD 20 million from ICICI Venture's India Advantage Fund S5 I."
Agrow Allied is engaged in the business of manufacturing and export of crop protection agrochemicals, including herbicides, insecticides, and fungicides.
The company operates manufacturing facilities at Kothputli, Rajasthan, with an installed capacity of about 30,000 tonnes per annum.
In a statement on Monday, the company said it has raised "equity investment of USD 20 million from ICICI Venture's India Advantage Fund S5 I."
Agrow Allied is engaged in the business of manufacturing and export of crop protection agrochemicals, including herbicides, insecticides, and fungicides.
The company operates manufacturing facilities at Kothputli, Rajasthan, with an installed capacity of about 30,000 tonnes per annum.
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