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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $43,203
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First Round
First Round
(01 Sep 2020)
- Investors Count 36
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Agrix | Valuation | Abhishek Goel |
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| Mar, 2023 | Amount | Series A - Agrix | Valuation |
investors |
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| May, 2022 | Amount | Angel Round - Agrix | Valuation | Pramila Jain |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in high-growth startups and angel funding services in India.
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Founded Year | Domain | Location | |
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Develops high-frequency trading systems and algorithms for global markets.
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Founded Year | Domain | Location | |
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Provider of HR consulting services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Agrix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Agrix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Agrix Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of farmers networking platform
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| domain | founded_year | HQ Location |
DeHaat is recognized as an online marketplace for farmers.
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| domain | founded_year | HQ Location |
Agricultural producers and distributors are connected through a service network.
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| domain | founded_year | HQ Location |
Integrated services are provided across the agricultural value chain.
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| domain | founded_year | HQ Location |
Precision agriculture solutions and farm data management platforms are provided.
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| domain | founded_year | HQ Location |
Provider of weather information and content marketing services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Agrix
Frequently Asked Questions about Agrix
When was Agrix founded?
Agrix was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Agrix located?
Agrix is headquartered in Patna, India. It is registered at Patna, Bihar, India.
Who is the current CEO of Agrix?
Nilay Pandey is the current CEO of Agrix. They have also founded this company.
Is Agrix a funded company?
Agrix is a funded company, having raised a total of $435.77K across 5 funding rounds to date.
How many employees does Agrix have?
As of Apr 07, 2024, the latest employee count at Agrix is 1.
What is the annual revenue of Agrix?
Annual revenue of Agrix is $502.87K as on Mar 31, 2023.
What does Agrix do?
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.
What products or services does Agrix offer?
Agrix offers Efficient Machinery Rental, Quality Agri Inputs Supply, and Digital Farm Management.
Who are Agrix's investors?
Agrix has 36 investors. Key investors include Lead Angels, NK Securities Research, StellarRays, Maple Capital Advisors, and Abhishek Goel.
What is Agrix's valuation?
The valuation of Agrix is $3.61M as of Jun 2023.