Investment in India's agrifoodtech sector surged dramatically in 2024, tripling to USD 2.5 billion from the previous year's USD 806 million, largely fueled by Zepto's impressive USD 1.4 billion funding. A report by Omnivore and AgFunder highlighted this growth, with the eGrocery and restaurant tech sectors seeing significant inflows, spurred by India's urban population density. Globally, agrifoodtech investments in developing markets hit USD 3.7 billion, with India leading the charge.
