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Agritech startup Agrizy, founded by Vicky Dodani and Saket C., has raised $9.8 million (approximately Rs 82 crore) in a funding round led by Accion and Omnivore, with additional investments from Capria Ventures, Thai Wah Ventures, and existing backer Ankur Capital. The funds will support Agrizy's expansion into new product areas, launch of contract development and manufacturing services, and provision of financial services to MSME processors and farmer-producer organizations (FPOs). Agrizy aims to transform India's food processing sector, serving over 100 institutional clients globally. John Fischer from Accion and Mark Kahn from Omnivore emphasized the significance of Agrizy's technology-driven approach and its impact on streamlining agri-processing supply chains. #Agritech #FundingNews #StartupFunding #AgriProcessing #FoodTech #Investments #Agrizy #Accion #Omnivore #CapriaVentures #ThaiWahVentures #MSMEs

KisanKonnect Safe Foods, a fully integrated fresh produce agritech startup, has raised Rs 31 crore (approximately $3.75 million) in a pre-series A round led by climate tech-focused fund Green Frontier Capital (GFC). The round also saw participation from Dhanuka Agritech Limited, a leading crop protection company in India, along with VC Grid and other family offices. Congratulations to team on successful fundraise. Follow Equity 360 for more such updates. [email protected] for any query on investment banking purposes. #investing #funding #b2b  #brand #equity360 #startups #b2c #investmentbanking #trend 

With the help of current investors, the B2B on-demand agri-inputs platform AGRIM has raised USD 17.3 million (about Rs 145 crores) in a Series B fundraising round led by Asia Impact. For this transaction, Unitus Capital served as the exclusive financial advisor. AGRIM, which was founded in 2020 by Avi Jain and Mukul Garg, intends to use the money to improve its technology and grow its business, with the goal of being the go-to platform for agri-input sellers in India. The money will go toward hiring people and making technological investments in order to create cutting-edge digital solutions for the supply chain for agricultural inputs. #AGRIM #SeriesBFunding #AsiaImpact #AgriInputs #B2BPlatform #StartupFunding #IndiaAgriculture #DigitalTransformation #AgTech #TechnologyEnhancement #RetailersPlatform #AgricultureInnovation #InvestmentNews #FarmingSolutions #GurugramStartups #Startuphonor

Agrizy, a leading B2B agri-processing platform based in India, has successfully raised $9.8 million (approximately ₹82 crore) in a Series A funding round. The round was co-led by Accion, a global nonprofit focused on financial inclusion, and Omnivore, an agri-tech venture capital firm. The funding round also saw participation from Capria Ventures, Thai Wah Ventures, and existing investor Ankur Capital. Founded in 2021 by Vicky Dodani and Saket Chirania, Agrizy has been integrating technology into the agricultural sector to enhance the efficiency and sustainability of food processing and distribution. The company had previously secured $5 million in debt funding from Vivriti Capital, YES Bank, and SBI, and $4 million in a seed round led by Ankur Capital. Agrizy's mission is to streamline and optimize the agri-processing supply chain, particularly for MSMEs that often struggle with underutilization and market access. The platform connects various stakeholders in the agrifood processing ecosystem, enabling efficient procurement, sales cycles, and compliance with global quality standards. By doing so, Agrizy aims to boost the profitability and operational efficiency of small and medium-sized enterprises in the sector. Vicky Dodani, Co-founder and CEO of Agrizy, emphasized the company's commitment to helping FPOs and MSME agri-processors access export markets and comply with global standards. He stated, "The current investment will empower Agrizy to actively drive these crucial initiatives in both local and global markets". John Fischer, Chief Investment Officer at Accion, highlighted the importance of quality financing for small processors and FPOs. He noted, "Through our partnership with Agrizy, we will leverage Accion’s global expertise to help the company grow, connecting many processors and smallholder farmers to responsible financial services and formal markets for the first time". Mark Kahn, Managing Partner at Omnivore, remarked on Agrizy's role in contract manufacturing, stating, "By prioritizing innovation and sustainability, Agrizy is positioning India's food processing industry to meet evolving global market needs". #moneymint #startup #funding

Bengaluru-based B2B agritech startup Agrizy has raised $9.8 million in a Series A funding round co-led by Accion and Omnivore, with participation from Capria Ventures, Thai Wah Ventures, and existing investor Ankur Capital. Founded in 2021 by Vicky Dodani and 𝗦𝗮𝗸𝗲𝘁 𝗖𝗵𝗶𝗿𝗮𝗻𝗶𝗮, Agrizy connects agri suppliers, processors, and buyers through a digital marketplace. The funds will expand its product range, regions, and services, including contract manufacturing, advisory, and financial services for MSMEs and FPOs. Agrizy aims to make India a global food processing hub, offering working capital support and logistics. The Indian agricultural sector contributes 16% to GDP and employs 44% of the workforce. #StartupIndiaSummit2024 #HyattRegencyDelhi #AgrizyFunding #Agritech #SeriesAFunding #Accion #Omnivore #CapriaVentures #ThaiWahVentures #AnkurCapital #AgriMarketplace #FoodProcessingHub #MSMEs #FPOs #IndianAgriculture #EPNews

Agrizy Secures $9.8 Mn in Series A Funding to Revolutionize Agri Supply Chain Bengaluru-based B2B agritech startup Agrizy has raised $9.8 Mn (INR 82 Cr) in a Series A funding round co-led by Accion and Omnivore, with participation from Capria Ventures, Thai Wah Ventures, and existing investor Ankur Capital. Founded in 2021 by Vicky Dodani and Saket Chirania, Agrizy connects agri suppliers, processors, and buyers through a digital marketplace. The funds will help expand into new products and regions, launch contract manufacturing and advisory services, and offer financial services to MSME processors and FPOs. Krishnan Neelakantan of Ankur Capital praised Agrizy's market fit and business scale. The Indian agricultural sector, contributing 16% of GDP and employing 44% of the workforce, is transforming with innovative agritech solutions. With the sector projected to become a $24 Bn opportunity by 2025, Agrizy aims to lead this change. 🌱🌾 #Agritech #StartupFunding #Agrizy #Innovation #DigitalTransformation #BPlanadvisors #Buildingbusinesses

Agri-processing platform Agrizy announced today that it has raised Rs 82 crore in Series A funding. The round was co-led by ACCIONA and Omnivore, with participation from Capria Ventures, Thai Wah Ventures, and existing investor Ankur Capital. India has more than 2 million food processing MSMEs, which operate significantly under capacity and struggle to find B2B customers. Agrizy, an Indian agri-processing platform, recently secured Rs 82 crore in its Series A funding round. The round was co-led by Accion and Omnivore, with participation from Capria Ventures, Thai Wah Ventures, and existing investor Ankur Capital. Despite India's $400 billion agri-processing market experiencing a 9% annual growth rate, only 10% of farm produce is currently processed, compared to global leaders such as China (40%) and developed nations (70%). Agrizy aims to bridge this gap by providing Micro Small and Medium Enterprises (MSMEs) with a fully managed B2B marketplace for agrifood supply chains and processing. The platform connects all stakeholders in the agrifood ecosystem to optimize transaction discovery and fulfillment. Agrizy collaborates closely with MSMEs, offering a suite of digital services to boost long-term revenues, enhance operating margins, and streamline procurement and sales cycles. With the new funding, Agrizy plans to expand into new product areas and geographies, launching Contract Development Manufacturing Organization (CDMO) and value-added advisory services, as well as offering financial services to MSME processors and Farmer-Producer Organizations (FPOs). Factacy.ai Congratulates and wishes them well as the investment will empower Agrizy to actively drive these crucial initiatives in both local and global markets. Vicky Dodani #innovation #management #digitalmarketing #technology #creativity #futurism #startups

Logistics solutions for perishables JustDeliveries has raised $1 million in its pre-Series A round led by NABVENTURES Fund. Faad Network Pvt. Ltd, Anay Ventures, Caret Capital, and Mahansaria Family Office have also participated in the round. Within the next 3-4 years, JustDeliveries plans to extend its presence to 8-10 cities across India. JustDeliveries solves the challenges of a fragmented cold supply chain for perishables and works with leading QSRs, café chains, and brands with fresh and frozen products. Nabventures, a subsidiary of the Indian government’s NABARD - National Bank for Agriculture and Rural Development invests in agritech, foodtech, rural fintech, health tech and edtech startups. Its other investments include Unnati, Jai Kisan, and TenderCuts - Farm Fresh Meats and Seafood in the food and agricultural space. Founders: Mansi Mahansaria Follow Rise & Shine for daily startup updates. Stay informed, stay ahead ➡️ www.riseshine.in #logistics #funding #startup #supplychain

UAE AgriTech Startup Maalexi Secures $1M Venture Debt, Boosting Food Security in GCC Exciting news in the AgriTech space! Maalexi, a UAE-based startup, has just secured $1 million in venture debt from India's Stride Ventures . This marks Stride Ventures' first foray into the GCC region, highlighting the growing interest in innovative AgriTech solutions. Founded in 2021, Maalexi is revolutionizing the $3 trillion global cross-border food and agri-produce trading market. Their platform offers critical risk management tools for small food and agri-businesses, including digital contracts, AI-enabled inspections, and blockchain-authenticated documentation. This investment will enhance Maalexi's ability to streamline procurement and distribution efficiency across the region, ultimately contributing to improved food security in the UAE and broader GCC area. Dr Azam P., co-founder and CEO of Maalexi, emphasized that the funds will be used to deploy cutting-edge technology solutions and expand operations. This strategic move not only benefits Maalexi but also strengthens the entire AgriTech ecosystem in the region. How do you think this investment in AgriTech will impact food security and cross-border trade in the GCC region? What other innovations do you foresee in the agricultural sector? Read the full story here: 👇 https://lnkd.in/gsQV_cpV #AgriTech #FoodSecurity #UAEStartups #VentureDebt #CrossBorderTrade #InnovationInAgriculture #FundingNews #MENAFunding #GCCEconomy #Rasmal #BusnessNews #MENA #RasmalNews #MENABusiness

Country Delight, a leading dairy company based in Gurugram, has announced a successful ₹70 crore debt financing round with Alteria Capital. This strategic investment will enable Country Delight to enhance its production capacity, expand its distribution network, and accelerate its growth plans. The funding is expected to support the company’s ongoing efforts to innovate and deliver high-quality dairy products to a broader audience. Alteria Capital has invested ₹70 crore in Country Delight, a prominent dairy company headquartered in Gurugram. This funding round is set to bolster Country Delight’s growth trajectory by supporting its technological advancements and expanding its product offerings. The investment highlights Alteria Capital’s confidence in Country Delight’s business model and growth potential. Alteria Capital Country Delight Chakradhar Gade Nitin Kaushal #CountryDelight #AlteriaCapital #DebtFinancing #StartupFunding #DairyIndustry #GurugramStartups #InvestmentNews #ExpansionPlans #BusinessGrowth #FreshDairy