BASF Venture Capital GmbH (BVC) is investing in the Indian startup UrbanKisaan, which specialises in hydroponic cultivation of various types of vegetables, greens and herbs in tropical urban environments. This is BVC’s first investment in an early stage business focusing on India. Financial details of the investment were not disclosed.
Conceptualised in 2017, UrbanKisaan operates several suburban greenhouses and vertical indoor farms in Hyderabad and Bangalore. The company sells the fresh produce, some of which is grown directly in the shops, in its franchise-owned brick-and-mortar stores and via an app and website.
“Our approach in hydroponics enables us to produce our food