Private Equity

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IG Berries attracts $20 M from Chile's Hortifut

BusinessLine  

Chile-based Hortifrut is to invest USD 20 million in IG Berries, a joint partnership between India's leading fruit importer IG International, Australia's Mountain Blue Orchards (MBO), and agri-business investor Mano D Babiolakis. The investment will help IG Berries to expand its footprint in India. Established in September 2017, IG Berries is cultivating the world's leading blueberry varieties on three farms in Madhya Pradesh.