Solving for quality and trust across the food value chain

Inception– 2016

Location– Mohali

Domain– Agri & Food tech

Founders- Taranjeet Singh Bhamra

Total team strength– 150+

Total funds raised– Rs 187 crore

Investors– Omnivore, Kalaari Capital, Alpha Wave Incubation (AWI)

Revenue generated since inception– NA

Key Highlights–

• Developed SpecX Nano, which is used for milk quality testing, received validation from ICAR- National Dairy Research Institute (ICAR-NDRI) certification
• Selected by Google for the 5^th edition of the Startup Accelerator program
• Won the NASSCOM AI game-changer award 2021 in the agriculture category
• Selected among the top 9 leading Agritech scaleups in GRAFT Challenge Vietnam 2021
• Ranked amongst the top 11 Agritech startups in Future Food Asia 2020 
• Received the Best AgriTech Startup award by Ministry of Agriculture, India in Outlook awards 2020 
• Ranked amongst top 5 in Asia by Rabobank, Singapore 
• Established thriving integration with eNam Pusa, India 
• Won the CII Award 
• MoU with Tea Board of India for Al center of excellence for Tea 
• To scale its commodities portfolio and geographical footprint.
• To penetrate deeper into Indian markets, and also start operations in Middle East & South Asia

Founder Speaks-

“Technology at this point has a huge potential to accelerate trade and build trust & transparency in the existing supply chains. This is exactly what AgNext is doing to bring standardization to this evolving industry. Integrating the power of deep tech, AgNext has innovated unique tech solutions that concentrate on reducing the quality estimation time of agri-produce, providing direct insights into quality analysis on-the-spot in less than 30 seconds. Looking at the current state and needs of the Indian agriculture sector, AgNext with its innovative deep-tech solutions has a huge scope to expand its footprint across the country in the coming times.”

– Taranjeet Singh Bhamra, Founder & Chief Executive Officer, Agnext Technologies, Mohali