The Innovation in Food and Agriculture Fund (IFA Fund) has committed investment up to $4 million for a minority holding in Hyderabad-based Telluris Biotech India Private Limited.
Telluris Biotech is focused on bringing to market environment-sensitive biological control products for the plant root knot and cyst nematode related disease complexes. The proprietary biological and bio-molecular products have potential to provide significant savings to crop growers, says Venu Polineni, its founder. “Our extensive research based solutions will result in the farmers efforts to protect their crops and enhance yield significantly,” he added.
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