Agrizy Raises $9.8 Million in Series A to Transform India’s Agri-Supply Chain

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• Funding Success: Bengaluru-based agritech startup Agrizy has raised $9.8 million (INR 82 crore) in a Series A funding round led by Accion and Omnivore, with contributions from Capria Ventures, Thai Wah Ventures, and existing investor Ankur Capital.
• Expansion Plans: Founded in 2021, Agrizy will use the funds to expand its product offerings and geographical reach, introducing contract manufacturing, advisory services, and financial solutions for MSME processors and farmer-producer organisations (FPOs).
• Service Offerings: Agrizy connects suppliers, processors, and buyers through its digital marketplace, providing services such as custom sourcing, demand aggregation, working capital support, networking, logistics, warehousing, and payment automation.
• Sector Impact: The Indian agricultural sector, which contributes 16% of GDP and employs 44% of the workforce, faces challenges from outdated practices. Agrizy aims to transform the sector with innovative solutions, positioning it for significant growth, projected to reach $24 billion by 2025.

Bengaluru-based B2B agritech startup Agrizy has raised $9.8 million (INR 82 crore) 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 plans to use the new funds to expand its product offerings and geographical reach. The startup aims to introduce contract manufacturing, advisory services, and financial solutions for MSME processors and farmer-producer organisations (FPOs).

Agrizy, which bridges the processed agri supply chain, connects suppliers, processors, and buyers across food and non-food categories. Its digital marketplace facilitates custom sourcing, demand aggregation, working capital support, networking, logistics, warehousing services, and payment automation.

Dodani stated, “Our goal is to position India as a global food processing hub by enabling FPOs and MSME agri-processors to access export markets and meet global quality standards, while also providing them with necessary working capital.”

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Previously, Agrizy raised $4 million in seed funding and $5 million in debt funding from major financial institutions. Krishnan Neelakantan, Managing Partner at Ankur Capital, praised Agrizy’s market fit, scalability, and efficiency.The Indian agricultural sector, accounting for 16% of GDP and employing 44% of the workforce, faces challenges from outdated practices. Agritech startups like Agrizy are transforming the sector with innovative digital solutions, positioning it for significant growth. The sector is projected to become a $24 billion opportunity by 2025.