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Kerala-based agritech firm uFarms earns UK startup visa

Economic Times

Economic Times · 2y ago

Kerala-based agritech firm uFarms earns UK startup visa

A Kerala-based agri-tech firm called uFarms.io has secured the UK Startup Visa, which is awarded to innovative startups that contribute to the UK economy. The company, incubated under the Kerala Startup Mission (KSUM), partnered with Uptown Urban Farms in Kerala to establish the state's largest fully-automated hydroponic farm. uFarms.io has received grants and awards for its groundbreaking solutions, including the Nidhi Prayas Grant and the EY Climathon Runner-up award. The company aims to bridge the gap between innovation and agriculture to promote sustainable farming.

Related News

How Salam Kisan Is Pioneering The Indian Agritech Boom With Its Farming Drones

Inc42 · 2y ago

How Salam Kisan Is Pioneering The Indian Agritech Boom With Its Farming Drones

Mumbai-based agritech startup Salam Kisan offers drone-based soil testing, produce procurement, and marketplace services to farmers. With a user base of 58,000 farmers, the company primarily earns revenue from soil testing and drone services. Salam Kisan aims to secure external funding in the next financial year and is developing an in-house drone manufacturing unit to address operational challenges. The startup plans to introduce AI-powered multispectral and hyperspectral drones in the future and increase the representation of women in its farmer base through participation in the Drone Didi initiative. The agritech sector in India is expected to reach a $24 billion market opportunity by 2025.

Visa processing startup Atlys acquires UK-based Artionis

Entrackr

Entrackr · 1y ago

Visa processing startup Atlys acquires UK-based Artionis

Snippets Visa processing startup Atlys acquires UK-based Artionis Visa processing platform Atlys has acquired the UK subsidiary of visa service company Artionis in an all-cash deal to expand overseas. Shashank Pathak 19 Feb 2025 10:20 IST Follow Us Visa processing platform Atlys has acquired the UK subsidiary of visa service company Artionis in an all-cash deal to expand overseas. With this acquisition, Artionis UK, which handles UK-to-Russia visas, will help improve Atlys’ European technology. According to Atlys, the deal will allow it to reduce visa paperwork and offer timely services to travelers in the UK, followed by plans to expand in similar European markets, including Germany and France. Artionis is an outsourcing partner for governments, operating in 25 countries with 400 employees in 65 offices. Atlys has acquired its UK branch, which has offices in London, Edinburgh, and Manchester. The four-year-old Atlys aims to make visa-related processes easier. Its tech, the company claims, can reduce visa rejection rates, and streamline processing times to as quick as 55 seconds. The platform covers more than 150 destinations and with an average time of just over 4-10 minutes spent to apply for a visa. Atlys has expanded its footprints in key global markets, including the US, UAE, and the UK. It has also bolstered its leadership across product, engineering, and marketing departments. Earlier in September 2024, Atlys had raised $20 million in its Series B funding round, co-led by Peak XV Partners and Elevation Capital.

Visa processing startup Atlys raises $36 Mn in Series C funding

Entrackr

Entrackr · 2d ago

Visa processing startup Atlys raises $36 Mn in Series C funding

Visa processing startup Atlys raises $36 Mn in Series C funding Founded in 2021 by Mohak Nahta, visa processing startup Atlys allows travellers to discover, apply for and manage visas digitally across more than 120 destinations. Atlys has raised $36 million in a Series C funding round led by Susquehanna Asia Venture Capital. Existing investors Elevation Capital, Long Journey Ventures, and Peak XV Partners also participated in the round. Travel platform MakeMyTrip joined the company as a new investor. The company will use the fresh capital to expand into new international markets and advance its AI roadmap. Atlys plans to deploy AI across the visa process including document verification, eligibility checks and traveller support. Since the previous funding round, the startup has processed close to 450,000 visas and expanded its presence across several global markets such as the UAE, the US, the UK and Australia. These international markets now contribute nearly half of the company’s overall business. According to the company, it currently operates at an annual visa run rate of more than 700,000 applications. The firm has recorded 11X growth since its Series B round in 2024. The latest round follows Atlys’ $20 million Series B funding in September 2024 which was co-led by Peak XV Partners and Elevation Capital with participation from DST Global Partners and Headline. Earlier, the startup secured $12 million in a Series A round in September 2023 after it raised $4.25 million in seed funding in October 2021. In February 2025, Atlys also acquired the UK unit of visa services firm Artionis in an all cash deal to expand its presence in Europe and strengthen its visa processing infrastructure. With this expansion and new funding, the company aims to build a global digital visa platform for international travellers.

Agritech firm AgroStar in talks to raise $40-50 mn to expand private labels

Livemint

Livemint · 1y ago

Agritech firm AgroStar in talks to raise $40-50 mn to expand private labels

Agritech startup AgroStar is reportedly in talks to raise $40-50 million from new and existing investors to expand its private-label business. The Pune-based firm last raised $70 million in Series D funding earlier this year. The company's private brands, spanning seeds to farm equipment, account for over 80% of its revenue. The move comes as agritech firms are increasingly focusing on their own brands to drive revenue and improve margins. However, the overall agritech sector in India has seen a slowdown in investments, with venture capital funding dropping 33% in 2022.

Kerala-based energy tech startup to deploy 1,200 EV chargers across India

Economic Times

Economic Times · 2y ago

Kerala-based energy tech startup to deploy 1,200 EV chargers across India

Kerala-based energy tech startup, chargeMOD, is expanding its EV charger network by deploying 1,200 chargers across India and an additional 600 chargers in Kerala. The company plans to set up 1,000 slow chargers and 200 fast chargers in various Indian states, as well as 500 slow chargers and 100 fast chargers in Kerala. chargeMOD aims to introduce Ultra Fast Chargers with capacities ranging from 120 kW to 340 kW to enhance charging speeds and convenience. The startup has built an ecosystem of EV charging with hardware and software designed and manufactured in India.

Peak XV, Elevation-backed Atlys flies into UK with Artionis acquisition

VCCircle

VCCircle · 1y ago

Peak XV, Elevation-backed Atlys flies into UK with Artionis acquisition

Atlys, a digital visa services provider backed by Peak XV Partners and Elevation Capital, has entered the UK market through the acquisition of Artionis. This move includes onboarding Artionis’ staff and planning to double its UK headcount. The acquisition aims to streamline the visa processing experience. Founded in 2021, Atlys has processed over 2 million visas and raised substantial funding to expand its global travel services platform, targeting offerings like e-SIMs, forex, and travel insurance.

UK firm drops out of Fourth Partner race as IFC consortium moves ahead

VCCircle

VCCircle · 1y ago

UK firm drops out of Fourth Partner race as IFC consortium moves ahead

A UK-based investment firm, managing a $1.5 billion climate fund, has decided not to invest in Indian renewable energy company Fourth Partner Energy. The firm, majority-owned by private equity firm TPG's impact investment vehicle The Rise Fund, was in talks with the UK firm. However, an IFC consortium is reportedly moving forward with the deal.

Pure EV Aims To Become India’s Second Listed EV Manufacturer, Targets INR 3,000 Cr IPO Next Year

Inc42 · 1y ago

Pure EV Aims To Become India’s Second Listed EV Manufacturer, Targets INR 3,000 Cr IPO Next Year

Pure EV, a Hyderabad-based startup, plans to achieve a turnover growth of 20 times over the next four years. The company is also preparing to introduce solid-state battery technology in fiscal year 2026, in collaboration with UK-based engineering firm PDSL. Pure EV currently holds a 7% market share in the electric vehicle sector at the regional transport office level.

Indian startups showcase innovations to global investors at Commonwealth Fellowship event - The Economic Times

Economic Times

Economic Times · 6m ago

Indian startups showcase innovations to global investors at Commonwealth Fellowship event - The Economic Times

Three Indian startups—lifeandlimb.ai, Hexpressions, and AgrowSure—presented their innovations to investors in London as part of the Commonwealth Startup Fellowship, a UK government-funded program. The fellowship aids their international expansion efforts, offering networking and support. Lifeandlimb.ai focuses on prosthetics, AgrowSure on agritech solutions, and Hexpressions on sustainable housing. The program aims to elevate high-potential startups from Commonwealth nations, enhancing community impact and economic growth.

Large PE firms in fray to bet on Kerala IT services firm QBurst

VCCircle

VCCircle · 1y ago

Large PE firms in fray to bet on Kerala IT services firm QBurst

Several prominent private equity firms are vying to invest in QBurst Technologies, an IT services firm based in Kerala. QBurst specializes in product development, consulting, cognitive solutions, and custom software development. The company is looking to secure funding through this investment to support its growth plans.

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