Date & Time: 2019-05-29 05:06:40
Social enterprise, Sistema.bio on 27th May 2019 said it has raised 12 million dollars from the investors, to assist around 2 lakh farmers worldwide, including India in the next 3 years The company in a statement said, " DILA CAPITAL, Shell Foundation, Engie RDE Fund, EDFIMC (ElectriFI), Endeavor Catalyst Fund, EcoEnterprise Fund, CoCapital, Alpha Mundi, Lendahand and Triodos are among the investors & creditors participating in the round". The social enterprise is planning to impact 2 lakh smallholder farmers in India, Mexico, South America and Kenya, with the biodigester technology in the next three years. To recall ,Sistema.bio is a global social enterprise that works with smallholder cultivators to address challenges like food security, climate change and poverty, providing access to ground-breaking biodigester technology, training & financing to make farmers more productive, competent and sustainable. .