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Recently Funded|Amount: USD 17.3M|Industry: Technology, Information and Internet

Agrim Secures $17.3 Million in Series B Funding to Revolutionize India's Agricultural Supply Chain

AGRIM

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51-200 employees employees (Est.)
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AGRIM is thrilled to announce its successful fundraising of $17,300,000, bringing together esteemed investors including Kalaari Capital, Axis Bank, Omnivore, India Quotient, and Accion. This round of funding also saw contributions from prominent angel investors like Rajesh Yabaji, co-founder of Blackbuck, and Rahul Jaimini, co-founder of Swiggy. AGRIM stands at the forefront of revolutionizing the $50 billion agricultural input market in India, which is supported by over 1 million retailers catering to 140 million farmers. These retailers are vital to the agricultural value chain, leveraging their deep understanding of local consumption patterns and strong farmer relationships to meet agri-input needs effectively. However, they face significant challenges, including limited product selections, inefficient sourcing, and working capital pressures. With this new funding, AGRIM aims to transform the traditional supply chain by infusing it with cutting-edge technology, modern retail practices, and innovative data science for credit underwriting. Our mission-driven approach is designed to equip agri-input retailers with the tools they need to thrive in an evolving landscape. We believe that by leveraging technology, we can expand product accessibility, streamline operations, and ultimately empower farmers to achieve greater success. As our bold and dynamic team continues to grow, we invite individuals excited about reshaping the agricultural sector to explore our open positions at https://agrim.zohorecruit.in/jobs/Careers. Join us in this exciting journey to redefine the future of agriculture in India!
August 30, 2024

Buying Signals & Intent

Our AI suggests AGRIM may be interested in solutions related to:

  • Agri-inputs
  • Supply Chain Solutions
  • Payment Processing
  • Logistics and Delivery Services
  • Retail Technology

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