Kotak Strategic Situations India Fund invests Rs. 375 crore in Cropnosys
Chemical

Kotak Strategic Situations India Fund invests Rs. 375 crore in Cropnosys

Cropnosys India is an eminent player in the crop protection industry, engaged in manufacturing of Active Ingredients, Intermediates, and Formulations

  • By ICN Bureau | December 08, 2023

Kotak Strategic Situations India Fund II, managed by Kotak Alternate Asset Managers Limited (KAAML) has announced an investment of Rs. 375 crore in Cropnosys (India) Pvt. Ltd., an emerging agrochemicals company, focusing on niche high value technicals.

Cropnosys India is an eminent player in the crop protection industry, engaged in manufacturing of Active Ingredients, Intermediates and Formulations. The company specialises not only in manufacturing but also marketing and R&D of fine chemicals for the agrochemicals industry. Cropnosys manufactures premium customer products and provides exclusive and confidential customer service to customers.

The company produces a large range of chemical synthesis and technologies to develop and produce high value-adding active ingredients and advanced intermediates for advanced agrochemical manufacturing solutions in a competitive way. The company caters to supply of both technical grade active ingredients and intermediates for the multinationals; and also distributes formulations for both niche export markets and the fast-paced, domestic Indian market.

The formulation expertise has been outsourced through a partnership with a company based in the United Kingdom, called Cropthetics. The company has authorization to market and distribute Cropthetics’ portfolio of brands which are best suited for the Indian climate – giving the Indian farmers the right basket of goods to control all pests.

The company has decided to diversify and offer its customers biological-based products through a technology partnership with Biotechnologies located in Bangalore.


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