Agritech venture capital firm, Omnivore has set aside $130 million (Rs 1000 crore) to be invested in early-stage tech-led startups. This is the 3rd fund by the investor and is expected to close the new fundings by September of this year. They have managed Rs 936 crore in their two rounds of funding. 

Founded by Jinesh Shah and Mark Kahn in 2010, Omnivore has so far invested in 35 startups. They predominantly have investments in startups that focus on agriculture, food, climate change and rural development. They generally chose those startups that are in need of a seed round, pre-Series A round or Series A round. 

Their investment has impacted the lives of 7 million smallholder farmers. They have invested in Arya, Clover, DeHaat, Reshamandi, Ecozen, Eruvaka, Krishify, AgNext, Bijak, AGRIM, Pixxel, Stellapps and many more. 

Earlier this year, the venture has launched OmniX Bio Initiative, which focuses on supporting novel methods like agricultural biotechnology, bioenergy and biomaterial as well as unique farming systems. They also focus on innovative foods for instance alternative protein sources.

The new fund will also help Omnivore deepen the impact and reach of OmniX Bio Initiative. They also plan to invest in 25 to 30 startups in a period of the next 4 years. They want to reboot the very agri-food life sciences ecosystem of India.