Question : How many agri-tech start-ups will be promoted under the partnership between HexGn and AFC (Agricultural Finance Corporation) India?
(a) 1000 agri-tech startups
(b) 1200 agri-tech startups
(c) 1400 agri-tech startups
(d) 1600 agri-tech startups
Answer (a)
Related facts
- Consulting firm HexGn has recently(November 2020) partnered with AFC(Agricultural Finance Corporation) India.
Objective
- Partnership aims to promote 1,000 agri-tech start-ups in India till November 2025.
Hosting of different programmes and initiatives
HexGn will host a series of programmes and initiatives to increase the capabilities and skills of first-generation technology entrepreneurs in the agri-tech domain.
About AFC & HexGn
- AFC India Ltd is a wholly-owned by commercial banks, NABARD and EXIM Bank.
- According to the HexGn Agritech Startup funding report 2019, the total funding in 2019 by Indian agri-tech organisation was at about USD 28 million.
By – Pankaj Pandey