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Omnivore Capital India Agriculture 1

India

Last updated 13 May 2020, by Impactyield.

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Omnivore Capital is an early-stage venture capital firm focused exclusively on agribusiness in India. We believe that there is a significant opportunity for innovative technologies and novel business models to transform rural India. We look to invest in entrepreneurs that seek to end hunger, reduce poverty, and reverse environmental devastation.



Financial description

Omnivore Capital is an early-stage venture capital firm focused exclusively on agribusiness in India.
•What kind of companies do we want to invest in?
-focused on early stage agricultural technology (“ag-tech”) startups in India
-strong team
-highly scalable, capital-efficient
-differentiation based on technology (IP) or business model
•Which focus areas do we like?
-plant science, animal science, aquaculture, sustainable inputs
-farm equipment, water management, agriculture services
-farmer finance, bio-fuels, distributed power generation
-rural information services, post-harvest infrastructure
•How do we like to invest in companies?
-initial investment ranging from 2 Cr INR to 10 Cr INR (~$0.5 million to ~$2 million)
-approximately Rs 25 Cr (~$5 million) per company over the lifecycle
-no majority/control positions, opportunity for active involvement
-Board seat (or observer seat with information rights) in every investment
-syndicate deals with like-minded investors
•What don't we invest into?
-agriculture real estate, land
-downstream processors
-consumer packaged food, consumer goods

13 years

of track record

2011

the year funded

50,000,000 USD

AUM

Interested in this fund?
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Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.

Asset manager

Omnivore Capital

Website

Headquarters location:

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Universal access to safe and nutritious food

Sustainable food production and resilient agricultural practices

Improve water quality, wastewater treatment and safe reuse

Expand and upgrade energy services for developing countries

Full employment and decent work with equal pay

Increase access to financial services and markets

Impact Category

Themes impacted

Key performance indicators

Fund overview

Asset manager: Omnivore Capital

Product track record: Fund has 13 years of track record

Target IRR: 15%

Committed Capital: 38,000,000 USD (US Dollar)

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage: , ,

Inception year: 2011

Vintage year: 2012

Target region: , , ,

Target close date: 01/12/2012

Product term: 8 years

Assets under management: 50,000,000 USD (US Dollar)

Investment size: Min: 500,000; Max: 5,000,000; Avg: 2,000,000

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 3

Fund investments to date exited or repaid: 0

Management fee: 2%

Carried interest: 20%

Hurdle rate: 8%%

GIIN Investors' Council Investment: No

Limited Partners / Investors: National Bank for Agriculture and Rural Development (NABARD) http://en.wikipedia.org/wiki/National_Bank_for_Agriculture_and_Rural_Development, Small Industries Development Bank of India (SIDBI) http://en.wikipedia.org/wiki/Small_Industries_Development_Bank_of_India, Nuziveedu Seeds (India's largest plant/crop seed company) http://en.wikipedia.org/wiki/Nuziveedu_Seeds_Private_Limited, Godrej Agrovet (India's largest animal feed company) http://en.wikipedia.org/wiki/Godrej_Agrovet

Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors, Retail Investors

Contact

E-mail: n.a.

Website: http://www.omnivorecap.com

Phone number: +1 (650) 427-0050

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Atish Babu

Partner

Impact Performance

n.a.

Impact thesis

We believe that raising agricultural yields is one of the greatest challenges of our times. We are looking to invest in startups that will improve the income and livelihoods of farmers in India.

Impact Management

n.a.