About Agrify Fresh
Agrify Fresh is a Retail company based in Mumbai (India) founded in 2019 by Siddhesh Desai, Urvish Bhaide, and Darpan Bendre. Producer retailer of fruits and vegetables. It operates in the Retail and Agriculture sectors. Agrify Fresh has raised $33.51 thousand across 3 funding rounds from investors including Upaya Social Ventures, NMIMS and Alok Sethi. The company has 1 employees. Agrify Fresh was last valued at $488.88 thousand in November 2020. Its chief executive, as recorded, is Darpan Bendre. Its Indian entity Agrify Organic Solutions Private Limited reported revenue of ₹25.14 Cr. Agrify Fresh offers products and services including TraceSure, Agrify Fresh Retail, Himalayan Ruby, and Falraaj. Its focus areas include Food and Agriculture, Crop Farming, Food Crops and Horticulture. Its competitors include Bhoomi Farms, Shriven and Living Food; 2 of its 3 listed competitors have raised funding.
Company details
Agrify Fresh was established in 2019 in Mumbai, India, within the agriculture and retail sector. Fruits and vegetables are produced and distributed by the company to local markets. Operations are managed from Mumbai, emphasizing supply chain efficiency for fresh produce. Leadership is held by co-founders Siddhesh Desai and Urvish Bhaide, alongside Darpan Bendre as CEO. Regional consumers in India are served through these core activities.
- Headquarters Mumbai, India
- Employees 1
- Founders Siddhesh Desai, Urvish Bhaide, Darpan Bendre
- SectorsRetailAgriculture
- Phone•••• ••••
- Website agrifyfresh.com
- Social LinkedIn X Facebook Instagram
- Legal Name Agrify Organic Solutions Private Limited
- Date of Incorporation 03 Jul, 2020
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹25.14 Cr
FY 2025 · +59% YoY
- Net Profit₹51.8 Lakh
FY 2025 · 2% margin
- EBITDA₹1.38 Cr
FY 2025 · 5% margin
- Total Equity Funding$33.51K (USD)
in 3 rounds
- InvestorsUpaya Social Ventures
& 5 more
- Employee Count1
Associated legal entities of Agrify Fresh
Agrify Fresh operates through Agrify Organic Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Agrify Organic Solutions Private Limited CIN U74999MH2020PTC341391 | Active | 03 Jul 2020 | Thane, Maharashtra | ₹25.1 Cr | 3 | View details |
Products & Services of Agrify Fresh
Agrify Fresh offers a comprehensive portfolio of products and services, including TraceSure, Agrify Fresh Retail, Himalayan Ruby, and Falraaj.
Offers blockchain-based tracking for produce from farm to consumer.
Connects growers directly to retail chains for fresh produce distribution.
Represents Indian fruits and vegetables in global retail markets.
Focuses on high-quality produce for international supply chains.
Funding Insights of Agrify Fresh
Agrify Fresh has successfully raised a total of $33.51K across 3 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 $33,509
- Total Rounds 3
- First Round $33,509
(Nov 2020)
- Investors Count 6
All 3 funding rounds of Agrify Fresh 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 |
|---|---|---|---|---|---|
| Aug 2023 | Seed | – | Upaya Social Ventures | – | |
| Dec 2020 | Seed | – | – | ||
| Nov 2020 | $33,509 | Angel Round | $488,878 | Alok Sethi, Ashwin Vora | – |
Last known valuation $488,878 (Nov 2020). 6 investors in total: 2 institutional and 4 angel.
Investors in Agrify Fresh
Agrify Fresh has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Upaya Social Ventures, NMIMS and Alok Sethi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup acceleration programs and seed financing are provided in India. | upayasv.org | Seattle, United States | ||
Multidisciplinary higher education is offered across multiple Indian campuses. | nmims.edu | Mumbai, India | ||
AS Alok Sethi | unknown_aaed5fdcc08b4d338 | |||
AV Ashwin Vora | unknown_9a4f2699a6164a59b | |||
VN Viral Nitin Mody | unknown_dac97e432d9a48dfa | |||
KR Ketaki Rajesh Shah | unknown_0d9a1b09cf7f41c19 |
Investor details for Agrify Fresh
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Board of directors of Agrify Organic Solutions Private Limited (Agrify Fresh)
Agrify Organic Solutions Private Limited is the primary company behind Agrify Fresh. The board of Agrify Organic Solutions Private Limited currently have 3 directors; the longest-serving is Urvish Nainesh Bhaide, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Urvish Nainesh Bhaide DIN 08780723 | Director | 03 Jul 2020 | 6 yrs 3 mo | Agrify Organic Solutions Private Limited |
| Darpan Nitin Bendre DIN 08780702 | Director | 03 Jul 2020 | 6 yrs 3 mo | Agrify Organic Solutions Private Limited |
| Siddhesh Pragnesh Desai DIN 08911992 | Director | 29 Dec 2021 | 4 yrs 9 mo | Agrify Organic Solutions Private Limited |
People of Agrify Fresh
3 people are tracked at Agrify Fresh (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Agrify Fresh
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Financials of Agrify Fresh
Figures of Agrify Organic Solutions Private Limited, the primary company behind Agrify Fresh, for FY 2025. Revenue was ₹25.14 Cr (+59% year on year). Net profit was ₹51.8 Lakh (2% margin). EBITDA was ₹1.38 Cr (5% margin). Revenue has grown at a compounded annual rate of +94% over three years.
- ₹25.14 CrRevenue · FY 2025 · +59% YoY
- ₹51.8 LakhNet profit · 2% margin
- ₹1.38 CrEBITDA · 5% margin
- ₹35.2 LakhPaid-up capital
- +94%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Agrify Organic Solutions Private Limited are on its company page.
Detailed financial statements for Agrify Fresh
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Agrify Fresh
3 dated milestones of Agrify Fresh across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Agrify Fresh is founded.
- Funding First funding round of $34K.
- Funding Latest funding round, Seed,.
Competitors of Agrify Fresh
Agrify Fresh has 3 listed competitors in our database, 2 of them funded. They include Bhoomi Farms, Shriven and Living Food.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bhoomi.farm | 2018 | Coimbatore, India | 125 | Manages an e-commerce store offering vegetables. | ||
| shriven.in | 2018 | Chennai, India | $161,300 | 150 | Farm-fresh fruits and vegetables are supplied via an online platform. | |
| livingfood.co | 2018 | Bengaluru, India | $8.82M | 5 | Multiple food products are offered via an online platform. |
Detailed competitors of Agrify Fresh
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Agrify Fresh (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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Related news about Agrify Fresh
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Frequently Asked Questions about Agrify Fresh
Agrify Fresh was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Agrify Fresh is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Darpan Bendre is the CEO of Agrify Fresh, as recorded in our data. They have also founded this company.
Agrify Fresh is a funded company, having raised a total of $33.51K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $33.51K, raised on Nov 2020.
Agrify Fresh has 1 employees.
The primary company behind Agrify Fresh, Agrify Organic Solutions Private Limited, reported revenue of ₹25.14 Cr for FY 2025, up 59% year on year.
Agrify Fresh was established in 2019 in Mumbai, India, within the agriculture and retail sector. Fruits and vegetables are produced and distributed by the company to local markets. Operations are managed from Mumbai, emphasizing supply chain efficiency for fresh produce. Leadership is held by co-founders Siddhesh Desai and Urvish Bhaide, alongside Darpan Bendre as CEO. Regional consumers in India are served through these core activities.
Agrify Fresh's top competitors include Living Food, Shriven and Bhoomi Farms.
Agrify Fresh offers TraceSure, Agrify Fresh Retail, Himalayan Ruby, and Falraaj.
Agrify Fresh has 6 investors. Key investors include Upaya Social Ventures, NMIMS, Alok Sethi, Ashwin Vora, and Viral Nitin Mody.
The valuation of Agrify Fresh is $488.88K as of Nov 2020.
Agrify Fresh operates through Agrify Organic Solutions Private Limited.