About AgNext
AgNext is an Agriculture company based in Sahibzada Ajit Singh Nagar (India) founded in 2016 by Sparsh Kaur and Taranjeet Singh Bhamra. Provider of a platform for monitoring supply chain. AgNext has raised $32.67 million across 6 funding rounds from investors including a-IDEA, Startup Karnataka and The Hashgraph Group. The company has 173 employees. AgNext was last valued at $81.79 million in June 2024. Its chief executive, as recorded, is Taranjeet Singh Bhamra. Its Indian entity Agnext Technologies Private Limited reported revenue of ₹202 Cr. AgNext offers products and services including Qualix, Full-stack integrated algorithms, and Hardware platform. Its focus areas include Food and Agriculture Tech, Crop Tech, Post Harvest Management and Quality Testing.
Company details
AgNext was founded in 2016 and is located in Sahibzada Ajit Singh Nagar, India. Operations focus on the agritech sector, where a platform is offered for supply chain oversight. Services include post-harvest procurement assessment and management, inventory monitoring and control, automated quality auditing, and food traceability, enabling farmers to handle various farm activities.
- Headquarters Sahibzada Ajit Singh Nagar, India
- Employees 173
- Founders Sparsh Kaur, Taranjeet Singh Bhamra
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website agnext.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Agnext Technologies Private Limited
- Date of Incorporation 15 Sep, 2016
- Jurisdiction Mohali, Punjab, India
- Annual Revenue₹202 Cr
FY 2024 · -48% YoY
- Net Loss-₹22.04 Cr
FY 2024 · -11% margin
- EBITDA-₹17.96 Cr
FY 2024 · -9% margin
- Total Equity Funding$32.67M (USD)
in 6 rounds
- Investorsa-IDEA
& 7 more
- Employee Count173
Associated legal entities of AgNext
AgNext operates through Agnext Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Agnext Technologies Private Limited CIN U72900PB2016PTC045727 | Active | 15 Sep 2016 | Mohali, Punjab | ₹202 Cr | 173 | 2 | View details |
Products & Services of AgNext
AgNext offers a comprehensive portfolio of products and services, including Qualix, Full-stack integrated algorithms, and Hardware platform.
AI platform for rapid food quality testing in agriculture chains.
Algorithms for on-the-spot food analysis and quality verification.
Devices for AI-based food quality evaluation in supply chains.
Apps and channels of AgNext
its YouTube channel Agnext Technologies has 91 subscribers and 30 videos.
Videos from AgNext
The most watched videos on AgNext's YouTube channel, Agnext Technologies (91 subscribers). Click a video to play it here.
More on Agnext Technologies.
Funding Insights of AgNext
AgNext has successfully raised a total of $32.67M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.67M
- Total Rounds 6
- First Round $89,822
(Oct 2016)
- Investors Count 8
All 6 funding rounds of AgNext with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | Series A | – | – | ||
| Jun 2024 | $7.96M | Series A | $81.79M | Novo Holdings | – |
| Aug 2021 | $21M | Series A | $51.91M | Omnivore, Kalaari Capital | – |
| Mar 2018 | $3.68M | Seed | $••••• | Omnivore, Kalaari Capital | |
| Mar 2017 | $23,073 | Seed | $••••• | a-IDEA | – |
| Oct 2016 | $89,822 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2024 | $81.79M | •••••••• |
| Aug 2021 | $51.91M | •••••••• |
| Mar 2018 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
Full valuation and stage history of AgNext
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $81.79M (Jun 2024). 8 investors in total: 7 institutional and 1 angel.
Investors in AgNext
AgNext has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include a-IDEA, Startup Karnataka and The Hashgraph Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and venture capital fund focused on the healthcare sector | novoholdings.dk | Hellerup, Denmark | ||
Agritech startups are funded by Omnivore, a venture capital entity. | omnivore.vc | Mumbai, India | ||
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
Venture capital firm focused on growth-stage companies | alphawaveglobal.com | New York, United States | ||
Startup accelerator focused on the agriculture sector | 2014 | aidea.naarm.org.in | Hyderabad, India | |
Limited information is provided about The Hashgraph Group's activities. | hashgraph-group.com | |||
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India | |
SK Samir Kumar | Angel investor and entrepreneur, co-founder of Inventus Capital Partners, active in tech startups | unknown_60f3fde5719c4a15b |
Investor details for AgNext
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Agnext Technologies Private Limited (AgNext)
Agnext Technologies Private Limited is the primary company behind AgNext. The board of Agnext Technologies Private Limited currently have 2 directors; the longest-serving is Taranjeet Singh Amarjeet Singh Bhamra, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Taranjeet Singh Amarjeet Singh Bhamra DIN 06763756 | Director | 15 Sep 2016 | 10 yrs 1 mo | Agnext Technologies Private Limited |
| Sparsh Kaur DIN 06754790 | Director | 26 Apr 2019 | 7 yrs 5 mo | Agnext Technologies Private Limited |
People of AgNext
2 people are tracked at AgNext (2 in leadership); the tracked headcount is 173.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for AgNext
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of AgNext
Figures of Agnext Technologies Private Limited, the primary company behind AgNext, for FY 2024. Revenue was ₹202 Cr (-48% year on year). Net loss was -₹22.04 Cr (-11% margin). EBITDA was -₹17.96 Cr (-9% margin). Revenue has grown at a compounded annual rate of +357% over three years and +200% over five years.
- ₹202 CrRevenue · FY 2024 · -48% YoY
- -₹22.04 CrNet loss · -11% margin
- -₹17.96 CrEBITDA · -9% margin
- ₹12.2 LakhPaid-up capital
- 173Employees (provident fund records)
- +357%Revenue CAGR, 3 years
- +200%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Agnext Technologies Private Limited are on its company page.
Detailed financial statements for AgNext
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of AgNext
4 dated milestones of AgNext across 9 years, from founding to its latest funding, stage changes and deals.
- Founded AgNext is founded.
- Funding First funding round of $90K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A,.
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as AgNext (Crop Tech & Equipment) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | USD 679.04 M | 12,280 | ||
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 |
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Related news about Agnext
Complete news archive for AgNext
Full article history, source details, and older brand coverage require an active premium plan.
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Articles about AgNext on our blog
- Microsoft launches Agritech Accelerator08 Jun 2020
Frequently Asked Questions about AgNext
AgNext was founded in 2016.
AgNext is headquartered in Sahibzada Ajit Singh Nagar, India. It is registered at Sahibzada Ajit Singh Nagar, Punjab, India.
Taranjeet Singh Bhamra is the CEO of AgNext, as recorded in our data. They have also founded this company.
AgNext is a funded company, having raised a total of $32.67M across 6 funding rounds to date. The company's 1st funding round was a Grant of $89.82K, raised on Oct 2016.
AgNext has 173 employees.
The primary company behind AgNext, Agnext Technologies Private Limited, reported revenue of ₹202 Cr for FY 2024, down 48% year on year.
AgNext was founded in 2016 and is located in Sahibzada Ajit Singh Nagar, India. Operations focus on the agritech sector, where a platform is offered for supply chain oversight. Services include post-harvest procurement assessment and management, inventory monitoring and control, automated quality auditing, and food traceability, enabling farmers to handle various farm activities.
AgNext offers Qualix, Full-stack integrated algorithms, and Hardware platform.
AgNext has 8 investors. Key investors include a-IDEA, Startup Karnataka, The Hashgraph Group, Novo Holdings, and Omnivore.
The valuation of AgNext is $81.79M as of Jun 2024.
AgNext operates through Agnext Technologies Private Limited.
The legal entities of AgNext currently have 2 directors, including Sparsh Kaur, Taranjeet Singh Amarjeet Singh Bhamra.