Mahindra picks up 11.25% stake in Swiss agriculture technology firm Gamaya

Gamaya, which works in Brazil India, Ukraine and other countries, uses imagery to give farmers information about the state of their fields and crops

Mahindra & Mahindra’s Farm Equipment Sector (FES) has acquired 11.25 per cent stake in Switzerland-based agriculture technology firm Gamaya for $4.3 million, the Indian company said in a statement on Friday.
 

 

The investment will be done through a subscription to 300 Common Shares and 30,469 Series