The Competition Commission of India (CCI) has granted approval for the acquisition of certain equity shareholding in FarMart Service Private Limited by three investment entities: Impact Fund Denmark (IFDK), Belgian Investment Company for Developing Countries SA/NV (BIO), and Orios Fund IIIa (Orios). This proposed combination involves the purchase of equity shares in FarMart, an Indian company primarily engaged in the business of trading, purchasing, and selling agricultural products and commodities on a business-to-business basis both in India and internationally.
IFDK is a Danish Development Finance Institution established by an act of parliament to promote investments supporting sustainable development in developing countries. BIO is a Belgian public limited liability company operating as a development finance institution focused on supporting the private sector in developing and emerging countries. Orios is the scheme/sub-fund of Orios Venture Partners Fund III, which is registered with SEBI as a category II Alternative Investment Fund.
The approval was announced on October 14, 2026, through the Press Information Bureau and represents a standard regulatory clearance for foreign investment in the Indian agri-business sector without any noted conditions or restrictions.