The partnership will unlock new avenues for impact across food systems, carbon resilience, and soil health.

Luminis, a global leader in microbiome intelligence and precision agri-tech solutions, has partnered with Forvis Mazars in India to expand its impact in the aquaculture and soil microbiome sector for agriculture

The partnership will unlock new avenues for impact across food systems, carbon resilience, and soil health. Nalanda Capital Partners, the strategic advisory and capraise arm, facilitated the move.

Rachelle Jensen, CEO of Luminis, said, “By joining forces with Forvis Mazars and Nalanda Capital Partners, we will be able to combine science-backed solutions, powerful industry networks, and catalytic capital to deliver next-gen solutions and rewrite the future of farming.”

The extensive network with Forvis Mazars will enable Luminis to deepen its footprint in India's thriving agri-sector, utilizing its Omni Biome AI platform and deep genomics capabilities to tackle challenges such as soil degradation, yield instability, disease rise, and climate resilience. Luminis is accelerating the deployment of next-gen bioproducts and microbiome-based solutions designed for India's dynamic agri-food systems, leveraging extensive Next Gen Sequencing and AI-driven insights. This expansion will enhance food security and national prosperity, as agriculture and allied activities contribute approximately 16% to India's GDP.

“This partnership marks a strategic step for Forvis Mazars in India as we help farmers to further unlock value in the crop production and aquaculture sectors,” said Ajay Kakra, Associate Partner, Government, Infrastructure & Development sector Advisory Services, Forvis Mazars in India. “By supporting Luminis, we combine innovation with our sectoral expertise to scale microbiome solutions that can transform Indian agriculture and drive real, lasting impact.”

“This partnership represents the exact kind of visionary science and scalable impact Nalanda Capital Partners is proud to back,” added Ayan Desai, co-founder at Nalanda Capital Partners. “Together, we’re planting the seeds for a healthier, more sustainable food system— one microbe at a time.”

Microwave moisture measurement. (Image source: Hydronix)

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IFC Supports SeABank to Issue Vietnam’s First Blue Bond, Boost Climate Finance. (Image source: SeABank)

IFC is providing a financing package of US$150mn to Southeast Asia Commercial Joint Stock Bank (SeABank) to catalyse a viable blue finance market, foster green bonds and support smaller businesses in Vietnam

As part of that, IFC's $25 million subscription in blue bonds will allow SeABank to expand its funding for sustainable economic activities associated with ocean and water. These include aquaculture and fisheries, water supply, etc. IFC's US$50mn subscription in green bonds will help the bank increase financing for green assets. 

As the implementing entity of the UK's Market Accelerator for Green Construction (MAGC) Programme, IFC will provide a performance-based incentive of up to US$0.48mn targeting retail borrowers to help offset the incremental greening costs associated with green housing units purchase. 

Moreover, IFC's US$75mn loan to SeABank is aimed at promoting financial inclusion through boosting financing for SMEs, including women-owned businesses. Alongside the investment, IFC will advise SeABank on adopting green and blue bond frameworks, while helping SeABank identify eligible green and blue assets and develop a pipeline.

"Vietnam's green transition relies heavily on private capital, and the launch of innovative financing instruments such as blue and green bonds offers a new source of funding for climate-related projects," said Thomas Jacobs, IFC country manager for Vietnam, Cambodia, and Lao PDR. "With investment in a leading player, IFC is establishing new asset classes while mobilizing capital and strengthening the capacity of local financial institutions to drive increased climate finance in Vietnam."

The certification marks the first ASC Feed Standard awarded in Asia.

Thai Union has become the latest feed company to achieve ASC Feed Standard certification for its Mahachai Plant in Thailand, marking the first time this certification has been awarded in Asia