Innovation in Food and Agriculture Fund managed by Sathguru Catalyser Advisors commits investment up to 4 million Dollars for minority holding in Telluris Biotech India Private Limited, an early stage life sciences company focused on bringing to market path breaking environment sensitive biological control products for the dreaded 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.
Commenting on the commission Mr. Venu Polineni, the Founder of Telluris Biotech India Pvt. Ltd., said, “We are excited to propel our growth to markets with investment from Innovation in Food and Agriculture Fund, the sector focused fund that is a best fit for us to advance our innovation in global markets. Our foray to markets will provide unparalleled environment friendly biocontrol and biomolecular products to farmers in India and elsewhere who face severe challenges from the root knot, cyst nematodes and plant root pathogens. Our extensive research based innovative solutions will result in the farmers’ efforts to protect their crops and enhance yield significantly.”