The newly announced incubator is already in talks with Andhra Pradesh and other government entities for a partnership to strengthen the country’s farm economy, said Rajesh Sawhney, head and founder of GSF India.
Mistletoe is already invested in India through agritech and foodtech startups, including Innerchef, Ninjacart and Kisan Network. The tie-up comes at a time when Japanese Prime Minister Shinzo Abe visited India and announced multi-billion trade deals, including financing for the country’s first bullet train project.
“I truly believe India will be the centre of agrifood innovation, and am very excited,” said Son in the statement. “India has amazing talents and engineers” in addition to “a long and rich food culture”, he said.