Hyderabad-based consulting organisation Sathguru Management Consultants is raising $100 million to start an Innovation in Food and Agriculture Fund (IFAF) that will be managed by their fund management company Sathguru Catalyser Advisors. They plan to invest approximately $8 million each in 8 to 12 companies for a significant minority stake. The fund is on a lookout for companies that are engaged in adopting technology solutions to address complex issues impacting agriculture, food and nutrition in India, with the first deal expected to close by mid-2017.