Swiss agritech firm Innoterra's Indian arm files for IPO

Innoterra Ltd, the Indian arm of Swiss agritech firm Innoterra AG, is preparing for an Initial Public Offering (IPO). The company plans to raise funds through a fresh issue of shares and an Offer-for-Sale by existing shareholders. Proceeds will be used for expanding milk collection infrastructure, working capital, and potential acquisitions. Innoterra operates as a leading B2B milk procurement platform, connecting farmers with institutional buyers via its technology-driven network.