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Grow Indigo raises $10M from British International Investment
BII and Grow India are collaborating to expand carbon farming, boost farmer incomes, and promote sustainable agriculture in India.
Grow Indigo and BII logo / Facebook
Indian agri-tech company Grow Indigo has raised $10 million from British International Investment (BII) to expand carbon farming initiatives, promoting sustainable agriculture and boosting farmer incomes in India.
Agriculture contributes 14 percent of India’s greenhouse gas emissions. Grow Indigo promotes carbon farming to capture carbon in the soil and lower emissions. Regenerative practices like direct-seeded rice and no-tillage farming improve soil health, conserve water, and reduce manual labor, benefiting women farmers.
About their collaboration, BII posted on LinkedIn, “Agriculture is a major source of carbon emissions globally. In India, it accounts for 14 percent of the country's emissions—a staggering 400 million tonnes of CO₂ emissions annually. It is also one of the most vulnerable sectors to the impacts of climate change.”
The post said, “That's why we have invested $10m in Grow Indigo, a pioneer in sustainable agriculture programs for smallholder farmers. Together, we’re building a more sustainable and prosperous future for India’s farmers.”
Grow Indigo generates carbon credits by reducing emissions and selling them to corporations for sustainability goals. Most revenue goes to farmers, enhancing transparency through monitoring and verification.
The company aims to make carbon farming a major agricultural export by 2030, generating billions for smallholder farmers. Currently managing four carbon projects, Grow Indigo expects its first carbon credits soon and plans to enroll millions of farmers.
Founded by Mahyco and Indigo Ag, Grow Indigo operates across 16 states with 2,000+ partners and 600+ field staff, connecting farmers to carbon markets.
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