Suumaya Industries acquires 51% stake in agritech startup payAgri for undisclosed valuation
Zee News
The company had posted a net profit of Rs 406 crore and a revenue of Rs 4,263 crore during the last fiscal.
Mumbai-based Suumaya Industries has acquired a 51% stake in agritech startup payAgri Innovations for an undisclosed valuation. Suumaya Industries, which is into textile business, has recently ventured into agri-commodity business through its 100 per cent subsidiary Suumaya Agro Ltd. The company had posted a net profit of Rs 406 crore and a revenue of Rs 4,263 crore during the last fiscal.More Related News