The start-up will use the funds to build out the product and accelerate business in targeted value chains

Bengaluru-based ag-tech start-up, Agrizy has raised $4 million in a seed round led by Ankur Capital. This round also saw participation from Omnivore and notable angels like Rajesh Yabaji (CEO, BlackBuck), Zetwerk’s Co-founders Srinath Ramakkrushnan, Amrit Acharya, Rahul Sharma, and Vishal Chaudhary among others.

The funds raised will be utilised to build strong business and engineering teams, develop a suite of digital services for the processed agri marketplace and ramp up customer traction in targeted value chains across various locations in India. The start-up will use the funds to build out the product and accelerate business in targeted value chains. 

Founded in September 2021 by Vicky Dodani and Saket Chirania, Agrizy is developing a tech-first platform to bridge the processed agri supply chain. The tech platform connects the processors and buyers of non-perishable farm products across both food and non-food categories like jute, oilseeds, cereals, pulses, and others to optimally discover and fulfill transactions.

This will support agri processors with innovative technology solutions, for effective utilisation to execute the trade through Agrizy’s logistics partners. The founding team comes with a good mix of operations, finance, and logistics experience at high-growth start-ups like Blackbuck, Bizongo, and Zoomcar, as well as deep ties to the agri processing domain. 

Vicky Dodani, Co-Founder, Agrizy, said, “We aim to be the single point of contact for the agri processing units by providing them an end-to-end fulfillment platform and simplifying their procurement and sales cycle. The recent round of funding from two notable funds investing in Agri Tech reinvigorates our vision of transforming the processed agri supply chain.”

Saket Chirania, Co-Founder, Agrizy, added, “There is a lot of untapped potential in the way agri processing units can leverage technology to grow and thrive. Agrizy offers solutions across digital vendor management, and supply and value chain automation to its Agri Processing Units. We are sustainably growing our business by 100 per cent MOM from inception.”