More than $322 million of private equity found its way into the food and beverages sector in the first half of 2018. This was way above the highest amount that the sector had raised - $214 million in 2014 – in the past four years.
Jaideep Mehta, CEO, News Corp VCCircle
There has been a flurry of investments in mid-sized food companies of late. General Atlantic, for instance, struck its first-ever control deal in India pushing funding in the sector to an all-time high in the past four years. What is driving the action and what kind of deals are PE investors hungry for?
Home-grown brands such as Raw Pressery and Epigamia have created space for themselves in a market that was ruled by companies that had legacy, deep pockets and brands with high recall holding them up. How did they make way for themselves in a cluttered and competitive market?
The food-tech industry had been in the doldrums over the past two years with businesses shutting down and layoffs becoming commonplace. And then, the tide suddenly turned. What brought investors back to a sector in which the transaction size is small and the cost of delivery and customer acquisition is high? What kind of business models are they chasing and what, according to them, will work going forward?
The industry has seen a rise in the launch of companies with very specialised offerings. From only organic food products to beverages targetting only women to snacks only for children, there are several companies that have segmented their offerings and are targetting a niche set of customers. Interestingly, several such companies have raised investments from seasoned investors. While a differentiated positioning in a crowded and generic market like food is understandable, it does beg the question -- is the market big enough for such thin segmentation?
Entrepreneurs and investors have woken up to the opportunity of building and disrupting the farm sector for better productivity and the well-being of the farmer. What kind of experiments are brewing on the farm land and what value proposition do investors see?
Jinesh ShahFounding Partner, Omnivore Partners
Jinesh Shah is the co-founder of Omnivore Partners, a venture fund investing in early stage Indian start-ups developing breakthrough technologies for food, agriculture and rural livelihoods.
Jinesh is a closely involved with multiple Omnivore-backed startups, including Stellapps Technologies, Barrix Agro Sciences, AgNext, Ecozen and FR8. Previously, Jinesh was the Vice President and CFO at Nexus Venture Partners, one of India’s leading early stage venture capital funds, where he lead the finance organization and also few select portfolio investments. He earlier served in Finance roles with Datamatics (leading Treasury/M&A), Patni Computers (initiating the IPO process), and HCL Technologies (founding the BPO business).
He is a Chartered Accountant with B.Com from R. A. Poddar College and an MMS (Finance) from the Jamnalal Bajaj Institute of Management Studies (JBIMS).
Amardeep SibiaCEO, SatSure Ltd
Krishna KumarFounder & CEO, CropIn Technology Solutions Pvt Ltd.
Hemendra MathurVenture Partner, Bharat Innovation Fund
Hemendra has over 22 years of experience in venture capital, private equity, management consulting and investment banking.
Hemendra in his career has invested in early stage agritech companies and SMEs in food processing and agricultural supply chain. He is a mentor, investor and board member with several food and ag-tech start-ups working on innovations in agri-inputs, market linkages, mechanization, food nutrition and farmer financing.
Hemendra is working as Venture Partner with Bharat Innovation Fund. In his previous assignments; he has worked with SEAF, Yes Bank, Rabobank, KSA Technopak and ORG-MARG.
He has authored many papers on the subject and speaks regularly at conferences pertaining to food and agribusiness sector. He is a management graduate from IIM (Ahmedabad) and Agricultural Engineer from Rajasthan Agricultural University.
Taranjeet Singh BhamraCEO, AgNext Technologies
Rajesh SrivastavaChairman & Managing Director, Rabo Equity Advisors Pvt. Ltd.
For any query, please reach us at email@example.com, +91-9560888566 / +91-120-4171111
There is no cash refund in case you cancel the registration from your end. We will issue a credit note for an equivalent amount which you can adjust/utilise against any of our future events (under the validity period) if the registration is cancelled at least 3 days before the event, post which NO credit note will be issued. Company reserves the right to amend content, expert, policy, venue & date(s) of the conference. Delegates will be refunded the registration fee in full in case the conference gets cancelled from our end.
Substitutions within a company are permitted through the conference date. Shared registrations are not permitted under any circumstances