We’re unlikely to be telling you anything new when we reveal that investment in Indian agrifood startups dropped significantly last year – a 60% decline on 2022 levels, reaching just below $1 billion in 2023. Global agrifoodtech investment dropped 50% year-over-year due to fewer and smaller deals, but India differs because deal activity remained pretty flat at 129 deals, just four less than in 2022. The total was also not that much lower than the $1.3 billion raised in 2019, the pre-Covid
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