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Latest Agricultural News, Crop Prices, Farming, Agri Business News | The HinduBusinessLine

Basmati exporters urge govt to suspend ₹83/tonne levy amid delayed payment, shrinking margin India could limit sulphur exports as supplies tighten, sources say China resumes buying broken rice from India Hot, dry conditions may prevail over most of North-West, Central India for another week IMD issues intense heatwave warning for several parts of Maharashtra Kerala fisheries sector hit by fuel shortage & rising kerosene prices ITC makes history with India’s first FSA 3.0 certification for wheat, paddy NSRCEL, Pernod Ricard India Foundation conclude 3rd cohort of Circular Economy Incubation Programme India’s sugar output up 8% at 27.39 mt as of April 15 NAAS suggests govt to consider one-time licensing for imported horticulture hybrids Polavaram project: Construction of ECRF dam to be be completed by March 2028 Climate-hit Kashmir saffron farmers battle rising porcupine menace India targets cocoa self-sufficiency by 2040 with national mission and reforms Avi Polymers launches KrishiBuddy AI platform to transform smart farming in India India gets imported Urea offer at $935, $959 per tonne Indian agriculture sector under threat by below-Normal Monsoon, El Nino, and West Asia war: ICRA Hindustan Zinc’s DAICHI launches products on retail and quick commerce platforms Oppressive heat conditions to spread out over Central and East India from today Global fertilizer supply crunch tightens farm economics India's green fuel plans collide with farmers' water fears Madhya Pradesh CM says basmati rice from the State is exported to 47 nations NAAS calls for developing smart alternate fertilisers to achieve self sufficiency TRI launches agri-voltaic project to help farmers earn double income Temperatures may trend up over North-West, Central India until weekend Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply India’s soyabean imports surge to 3.09 lakh tonnes during Oct-Mar 2025-26 oil year IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari ‘UP banned only forced sale of non-subsidised fertilizers to farmers’ How kashmir’s breakthrough is making Gucchi mushroom farming possible
Prithu raises $1.1 m to scale carbon removal platform for...
2026-04-29 · via Latest Agricultural News, Crop Prices, Farming, Agri Business News | The HinduBusinessLine

Prithu, a climate technology company building a full-stack carbon removal platform focused on nature-based solutions (NBS), has raised $1.1 million in a funding round led by Transition VC.

A media statement said the fresh capital will accelerate Prithu’s on-ground operations in key Indian regions. The company will focus on onboarding small landholder farmers and strengthening its blockchain-powered digital MRV (Monitoring, Reporting, and Verification) infrastructure with advanced satellite monitoring, ground truthing and machine learning. It will also expand commercialisation efforts through long-term offtake agreements with global buyers.

Founded in 2024 by Sunny Vaish, Prabal Tomar, and Abhinav Pandey, Prithu is building scalable carbon removal infrastructure rooted in India’s agricultural ecosystem. The company focuses on enabling high-integrity carbon removal through regenerative agriculture practices such as soil organic carbon enhancement, Alternate Wetting and Drying (AWD), and biochar.

Leveraging its proprietary dMRV (digital MRV) system — which combines on-ground soil sampling, satellite monitoring, machine learning, and biogeochemical modelling — Prithu ensures that every carbon credit generated is measurable, verifiable, and aligned with global standards such as Verra, Gold Standard, and Puro, the statement said.

Quoting Sunny Vaish, co-founder and CEO of Prithu, the statement said the carbon market is entering a phase of accelerated growth, driven by stronger climate commitments and evolving global frameworks. Demand for high-integrity carbon credits is rising, with a clear premium on transparency, additionality, and measurable impact.

“At the same time, limited supply of credible credits, especially from nature-based and durable removal projects, is expected to drive long-term value, positioning this as a multi-billion-dollar opportunity over the next decade for strong ecosystem players. At Prithu, we are combining regenerative agriculture, carbon removal, and blockchain-powered transparency to address India’s soil carbon depletion crisis, while enabling farmers to participate meaningfully in global climate markets,” Vaish said.

Gaurav Patil, VP of Investments at Transition VC, said the opportunity in nature-based carbon is significant, but the market is increasingly differentiating between volume and verifiable quality. Buyers are prioritising credits that have strong data, clear traceability, and consistent on-ground execution. “Prithu is building the infrastructure required to deliver that, particularly in regenerative agriculture, where scale and credibility rarely come together,” Patil said.

Over the next 12-24 months, the company plans to expand to 500,000 hectares in NBS projects, including high-tech biochar, enhance MRV tech, secure international partnerships, and explore new geographies, the statement added.

Published on April 29, 2026