About Agrix
Agrix is a company based in Patna (India) founded in 2019 by Nilay Pandey, Vivek Kumar, Sandeep Joshi, and Saurav Singh. Agrix has raised $435.77 thousand across 5 funding rounds from investors including Lead Angels, NK Securities Research and StellarRays. The company has 1 employees as of April 07, 2024. Agrix offers products and services including Efficient Machinery Rental, Quality Agri Inputs Supply, and Digital Farm Management. Agrix operates in a competitive market with competitors including FBN, DeHaat, Ayekart, StarAgri and Farmers Edge, among others.
- Headquarter Patna, India
- Employees 1 as on 07 Apr, 2024
- Founders Nilay Pandey, Vivek Kumar, Sandeep Joshi, Saurav Singh
- Stage Minicorn
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Sectors
Agriculture
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Phone
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Website
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Social
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- Legal Name Agrix Agrotech Private Limited
- Date of Incorporation 23 Jun, 2020
- Jurisdiction Nawada, Bihar, India
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Annual Revenue
$502.87 K (USD)93.42as on Mar 31, 2023
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Net Profit
-$95.84 K (USD)-110.73as on Mar 31, 2023
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EBITDA
-$55.36 K (USD)-214.38as on Mar 31, 2023
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Total Equity Funding
$435.77 K (USD)
in 5 rounds
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Latest Funding Round
$43.2 K (USD), Series A
Jun 08, 2023
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Investors
Lead Angels
& 35 more
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Employee Count
1
as on Apr 07, 2024
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Products & Services of Agrix
Agrix offers a comprehensive portfolio of products and services, including Efficient Machinery Rental, Quality Agri Inputs Supply, and Digital Farm Management.
Offers mechanization for fragmented farms through efficient clustering.
Provides data-led supply and management of value-added agri inputs.
Manages farms and farmers' data for actionable insights using technology.
People of Agrix
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Funding Insights of Agrix
Agrix has successfully raised a total of $435.77K across 5 strategic funding rounds. The most recent funding activity was a Series A round of $43.2 thousand completed in June 2023. 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.
Investors in Agrix
Agrix has secured backing from 36 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Lead Angels, NK Securities Research and StellarRays.
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Investment in high-growth startups and angel funding services in India.
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Develops high-frequency trading systems and algorithms for global markets.
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Provider of HR consulting services
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Investor details for Agrix
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Investments & Acquisitions by Agrix
Investment portfolio details for Agrix
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Financial Statements - Agrix
Detailed financials for Agrix
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Agrix Comparisons
Peer comparison for Agrix
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Competitors of Agrix
Agrix 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 FBN, DeHaat, Ayekart, StarAgri and Farmers Edge, among others.
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Provider of farmers networking platform
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DeHaat is recognized as an online marketplace for farmers.
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Agricultural producers and distributors are connected through a service network.
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Integrated services are provided across the agricultural value chain.
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Precision agriculture solutions and farm data management platforms are provided.
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Provider of weather information and content marketing services
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Detailed competitors of Agrix
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Latest news on Agrix
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Frequently Asked Questions about Agrix
Agrix was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Agrix is headquartered in Patna, India. It is registered at Patna, Bihar, India.
Nilay Pandey is the current CEO of Agrix. They have also founded this company.
Agrix is a funded company, having raised a total of $435.77K across 5 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Agrix is 1.
Annual revenue of Agrix is $502.87K as on Mar 31, 2023.
Agrix was founded in 2019 in Patna, India, as a provider of digital solutions in the agritech sector. Services are offered through a hyper-local platform for farm machinery rental, addressing demand and supply gaps. An integrated farm management system is utilized for data-driven crop, soil, and water management, along with a dynamic crop calendar. Warehousing and distribution services are also provided for product delivery to customers and farmers.
Agrix offers Efficient Machinery Rental, Quality Agri Inputs Supply, and Digital Farm Management.
Agrix has 36 investors. Key investors include Lead Angels, NK Securities Research, StellarRays, Maple Capital Advisors, and Abhishek Goel.
The valuation of Agrix is $3.61M as of Jun 2023.