You are here: Home » PTI Stories » National » News
Business Standard

Japanese firm sets up agri-food tech accelerator 'Gastrotope'

Press Trust of India  |  New Delhi 

Japanese investor and incubator Mistletoe, in partnership with GSF India and Infobride, today announced the launch of 'Gastrotope', a new agri-food technology accelerator in India.

Gastrotope aims to invest in startups in agriculture and food processing sector here, an official statement said.

Mistletoe is already present in India and has made investments in multiple agri-tech and food-tech startups, including Innerchef, Ninjacart and Kisan Network.

Mistletoe founder and CEO Taizo Son said, "With the bridge between India and Japan, new and unique solutions to the fundamental questions of food and agriculture will arise. We hope, while working with our great partners, we will become a catalyst for this new movement of 'farm to fork' permaculture."

India's tech accelerator GSF founder and CEO Rajesh Sawhney said, "We are in talks with various government entities, including the government of Andhra Pradesh, and are hopeful of creating meaningful partnership to strengthen India's farm economy in a few months from now."

According to Indo-Japan business consultancy Infobridge CEO Naho Shigeta, the focus will be to completely reverse the western world's pursuit of food standardisation and instead create locally relevant and sustainable businesses that truly benefit the two most important stakeholders -- farmers and consumers.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, September 14 2017. 21:42 IST