Indonesian Political, Business & Finance News

Agritech Investment Accelerates to Help Farmers Tackle Land and Fertiliser Issues

| Source: CNBC Translated from Indonesian | Agriculture
Agritech Investment Accelerates to Help Farmers Tackle Land and Fertiliser Issues
Image: CNBC

Jakarta, CNBC Indonesia - Venture capital firm UMG Idealab, which focuses on investment in technology-based startups, is continuing to expand its portfolio, including the development of the agricultural technology or agritech sector in Indonesia. UMG Idealab Founder, Kiwi Aliwarga, stated that in developing its agritech business, UMG Idealab is strengthening solutions related to agricultural data analysis. This step is aimed at overcoming various agricultural problems, from seeds, land, pests, and fertilisers to production and distribution systems.

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