GEF Partners pick up a minority stake in SeedWorks International Private Ltd from True North. The transaction was completed in the 1st week of September 2020.
Srikrishna Dwaram, Partner, True North, stated “Seed Works’ strong R&D focus and highly motivated management team has positioned the Company to become one of the most admired plant science companies in India and select South East Asian markets. Post this transaction, with GEF as an additional partner; we believe SeedWorks will continue its journey of delivering outstanding products to delight its customers.”
Venkatram Vasantavada, MD & CEO, said SeedWorks made tremendous progress in terms of Market Presence, Market and Portfolio expansion in the course of our partnership with True North over the last four years. Investments in Research, Infrastructure, People and New technologies was encouraged and enabled by True North helping us to build a strong foundation for future growth. We are looking forward to working with GEF Partners and learn from them to build businesses while also catalysing positive environmental impact.
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