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Mandala Capital is planning the final close of its 10-year Indian Agribusiness private equity fund in November this year.
In 2013 some $7.2 billion of private capital was committed to African agriculture projects through Grow Africa, the partnership programme established by the World Economic Forum, NEPAD and the African Union to accelerate the transformation of African agriculture. This is twice the amount in 2012.
Omnivore Partners, the Indian venture capital firm focusing on agtech, has invested into Mitra, a machinery company. The firm's Fund I is now 50 percent deployed.