India: Zephyr Peacock to invest in potato seeds firm Utkal Tubers

Utkal Tubers is aiming to become one of India’s largest potato seed firms. Photo: Indranil Bhoumik/MintPrivate equity (PE) fund Zephyr Peacock is investing in Utkal Tubers India Pvt. Ltd, an early-stage potato seeds company, a top fund executive said. The investment is part of Zephyr Peacock’s plans to make several investments in the food and beverages segment in order to help address the demand-supply mismatch for key commodities. Utkal Tubers aims to become one of India’s largest potato seed companies. Vegetable seeds, particularly potato seeds, are one of the most critical means to address the growing carbohydrate nutrition requirement. The segment is largely untapped and has the potential to demonstrate strong growth in the next decade. More