About Agrify Fresh
Agrify Fresh is a company based in Mumbai (India) founded in 2019 by Siddhesh Desai, Urvish Bhaide, and Darpan Bendre. 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 as of April 09, 2024. Agrify Fresh offers products and services including TraceSure, Agrify Fresh Retail, Himalayan Ruby, and Falraaj. Agrify Fresh operates in a competitive market with competitors including Bhoomi Farms, Zama, Shriven, Living Food and FreshFalSabzi, among others.
- Headquarter Mumbai, India
- Employees 1 as on 09 Apr, 2024
- Founders Siddhesh Desai, Urvish Bhaide, Darpan Bendre
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Sectors
RetailAgriculture
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Phone
*********
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Website
*********
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Social
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- Legal Name Agrify Organic Solutions Private Limited
- Date of Incorporation 03 Jul, 2020
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$1.85 M (USD)85.03as on Mar 31, 2024
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Net Profit
$11.26 K (USD)59.66as on Mar 31, 2024
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EBITDA
$78.18 K (USD)292.47as on Mar 31, 2024
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Total Equity Funding
$33.51 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Upaya Social Ventures
& 5 more
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Employee Count
1
as on Apr 09, 2024
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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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(13 Nov 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Agrify Fresh | Valuation | Upaya Social Ventures |
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| Dec, 2020 | Amount | Seed - Agrify Fresh | Valuation |
investors |
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| Nov, 2020 | Amount | Angel Round - Agrify Fresh | Valuation | Alok Sethi , Ashwin Vora |
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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 |
|---|---|---|---|---|
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Startup acceleration programs and seed financing are provided in India.
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Founded Year | Domain | Location | |
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Multidisciplinary higher education is offered across multiple Indian campuses.
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Founded Year | Domain | Location | |
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AS
Alok Sethi |
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Founded Year | Domain | Location |
Investments & Acquisitions by Agrify Fresh
Financial Statements - Agrify Fresh
Agrify Fresh Comparisons
Competitors of Agrify Fresh
Agrify Fresh operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bhoomi Farms, Zama, Shriven, Living Food and FreshFalSabzi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manages an e-commerce store offering vegetables.
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| domain | founded_year | HQ Location |
An online platform for real estate listings and property searches.
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| domain | founded_year | HQ Location |
Farm-fresh fruits and vegetables are supplied via an online platform.
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| domain | founded_year | HQ Location |
Multiple food products are offered via an online platform.
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| domain | founded_year | HQ Location |
An online store offering farm-fresh fruits and vegetables for direct purchase.
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| domain | founded_year | HQ Location |
Farm-fresh fruits and vegetables are offered via an online platform.
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Latest news on Agrify Fresh
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 current CEO of Agrify Fresh. 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 13, 2020.
As of Apr 09, 2024, the latest employee count at Agrify Fresh is 1.
Annual revenue of Agrify Fresh is $1.85M as on Mar 31, 2024.
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 Greencart Ventures.
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.