About Ayekart
Ayekart is an Agriculture company based in Mumbai (India) founded in 2020 by Rajesh Jain, Kunjal Thackar, Anand Mugad, Debarshi Dutta, Ashutosh Singh, and Milind Borgikar. Agricultural producers and distributors are connected through a service network. Ayekart has raised $12.84 million across 6 funding rounds from investors including Caspian Debt, Siply and Siana Capital. Ayekart has completed 1 acquisition, including UBFC. Ayekart was last valued at $25.63 million in February 2024. Its chief executive, as recorded, is Debarshi Dutta. Its Indian entity Ayekart Private Limited reported revenue of ₹1,534 Cr. Ayekart offers products and services including Procurement Aggregation, Distribution Solutions, and Finance Access. Its focus areas include Food and Agriculture Tech, Crop Tech, Farming as a Service and Tech Enabled Services. Its competitors include DeHaat and StarAgri; 2 of its 2 listed competitors have raised funding.
Company details
Ayekart was founded in 2020 in Mumbai, India, as a platform in the agricultural sector. Connections are facilitated between producers, processors, manufacturers, and distributors for commodity sourcing and processed goods distribution. Supply-chain operations are supported via partnerships, including quality assurance, logistics, payment settlement, and traceability services.
- Headquarters Mumbai, India
- Founders Rajesh Jain, Kunjal Thackar, Anand Mugad, Debarshi Dutta, Ashutosh Singh, Milind Borgikar
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website ayekart.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Ayekart Fintech Pvt. Ltd.
- Date of Incorporation 18 Dec, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1,534 Cr
FY 2024 · +138% YoY
- Net Profit₹94.3 Lakh
FY 2024 · 0% margin
- EBITDA₹17.63 Cr
FY 2024 · 1% margin
- Total Equity Funding$12.84M (USD)
in 6 rounds
- Latest Funding Round$6.5M (USD), Debt – Conventional
Dec 2025
- InvestorsCaspian Debt
& 76 more
- Investments & Acquisitions
Associated legal entities of Ayekart
Ayekart is associated with 2 registered companies on The Company Check; the primary company is Ayekart Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ayekart Private Limited CIN U46309MH2020PTC352166 | Active | 18 Dec 2020 | Mumbai, Maharashtra | ₹1,534 Cr | 83 | 3 | View details |
| Ayekart Agro Private Limited CIN U01100MH2021PTC371786 | Active | 18 Nov 2021 | Mumbai, Maharashtra | 3 | View details |
Products & Services of Ayekart
Ayekart offers a comprehensive portfolio of products and services, including Procurement Aggregation, Distribution Solutions, and Finance Access.
Aggregates demand for agri produce from processors and suppliers.
Enables distribution networks for MSMEs and local manufacturers.
Provides credit and value-added services for ecosystem participants.
Apps and channels of Ayekart
its YouTube channel AyeKart has 358 subscribers and 30 videos.
Videos from Ayekart
The most watched videos on Ayekart's YouTube channel, AyeKart (358 subscribers). Click a video to play it here.
More on AyeKart.
Funding Insights of Ayekart
Ayekart has successfully raised a total of $12.84M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $6.5 million completed in December 2025. 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 $12.84M
- Total Rounds 6
- Last Round Debt – Conventional — $6.5M
- First Round $122,540
(Mar 2021)
- Investors Count 77
All 6 funding rounds of Ayekart 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 |
|---|---|---|---|---|---|
| Dec 2025 | $6.5M | Debt – Conventional | – | – | |
| Feb 2024 | $6.5M | Series A | $25.63M | Omnivore, Siana Capital | – |
| Sep 2022 | Debt – Conventional | – | – | ||
| Sep 2022 | $5.5M | Series A | – | Avni Mayur Gala | |
| Oct 2021 | $715,737 | Angel Round | $11.16M | Narasima Ram Rumar Charl | |
| Mar 2021 | $122,540 | Angel Round | $••••• | Sneha Dutta |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $25.63M | •••••••• |
| Oct 2021 | $11.16M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of Ayekart
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $25.63M (Feb 2024). 77 investors in total: 6 institutional and 71 angel.
Investors in Ayekart
Ayekart has secured backing from 77 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Caspian Debt, Siply and Siana Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Agritech startups are funded by Omnivore, a venture capital entity. | omnivore.vc | Mumbai, India | ||
Venture fund management focusing on deep tech and science investments in India. | 2018 | sianacapital.com | Bengaluru, India | |
Venture capital fund investing in early-stage tech startups | 2023 | unleashcp.com | Bengaluru, India | |
Provision of customized debt financing to impact-driven companies in key sectors. | 2004 | caspiandebt.in | Hyderabad, India | |
Impact investing is managed through private equity by Symbiotics Group. | symbioticsgroup.com | |||
Provider of micro‑savings and financial inclusion services via AI‑driven app | 2020 | siply.in | Bengaluru, India | |
AM Avni Mayur Gala | unknown_c35d9d0728bc4b8e8 | |||
MH Meena Hasmukh Gala | unknown_7d964c2065824f829 | |||
SK Sunil Katariya | unknown_a98cf19ed15345668 | |||
VD Vimla Devi | unknown_940673cda32d4da28 |
Investor details for Ayekart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Ayekart Private Limited (Ayekart)
Ayekart Private Limited is the primary company behind Ayekart. The boards of the 2 registered companies of Ayekart currently have 3 directors; the longest-serving is Debarshi Dutta, appointed in 2021. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Debarshi Dutta DIN 08537925 | Director | 05 Oct 2021 | 5 yrs 1 mo | Ayekart Private Limited, Ayekart Agro Private Limited |
| Ashutosh Singh DIN 09796598 | Director | 23 Nov 2022 | 3 yrs 11 mo | Ayekart Private Limited, Ayekart Agro Private Limited |
| Kunjal Thackar Bharatkumar DIN 07172856 | Director | 05 Jul 2023 | 3 yrs 4 mo | Ayekart Private Limited, Ayekart Agro Private Limited |
People of Ayekart
37 people are tracked at Ayekart (15 in leadership, 4 in board & advisors, 18 in team).
| Name | Role | Group |
|---|---|---|
Rajesh Jain | Co-Founder & President | Leadership |
| Co-Founder & CFO | Leadership | |
Anand Mugad | Co-Founder & CMO | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership | |
Milind Borgikar | Co-Founder & CTO | Leadership |
Deepak Dayal Sharma | General Manager | Leadership |
Shubhendu Dash | Senior Vice President - Agribusiness | Leadership |
Ca Kunjal Thackar | Co-founder And Chief Financial Officer | Leadership |
Nitish Bharadwaj | VP | Leadership |
Durgesh Gautam | VP | Leadership |
Sachin Dubey | Group President, Strategic Initiatives | Leadership |
VIkas Gupta | Assistant Vice President | Leadership |
Ankur Chaturvedi | Head of Agri & Export | Leadership |
Kumar Neelendu Jha | VP | Leadership |
Satish Grampurohit | Advisor | Board & advisors |
Ram Chari | Advisor | Board & advisors |
Nirmal Bansal | Advisor | Board & advisors |
Abhishek Agrawal | Advisor | Board & advisors |
Saurabh Agnihotri | Area Sales Manager | Team |
17 more people are available in the full profile.
Complete people profiles for Ayekart
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ayekart
Figures of Ayekart Private Limited, the primary company behind Ayekart, for FY 2024. Revenue was ₹1,534 Cr (+138% year on year). Net profit was ₹94.3 Lakh (0% margin). EBITDA was ₹17.63 Cr (1% margin). Revenue has grown at a compounded annual rate of +9933% over three years.
- ₹1,534 CrRevenue · FY 2024 · +138% YoY
- ₹94.3 LakhNet profit · 0% margin
- ₹17.63 CrEBITDA · 1% margin
- ₹9.2 LakhPaid-up capital
- 83Employees (provident fund records)
- +9933%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ayekart Private Limited are on its company page.
Detailed financial statements for Ayekart
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Investments & Acquisitions by Ayekart
Ayekart has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UBFC.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of micro and nano financial services | ubfc.in | Delhi, India | 2019 | May 2023 | •••• |
Complete acquisition details for Ayekart
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Verified entity values are shown only after access is granted.
Timeline of Ayekart
5 dated milestones of Ayekart across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ayekart is founded.
- Funding First funding round of $123K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires UBFC.
- Funding Latest funding round, Debt – Conventional, of $6.5M.
Competitors of Ayekart
Ayekart has 2 listed competitors in our database, 2 of them funded. They include DeHaat and StarAgri.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| agrevolution.in | 2012 | Patna, India | $222.04M | 1,446 | DeHaat is recognized as an online marketplace for farmers. | |
| staragri.com | 2006 | Mumbai, India | $89.94M | 5,294 | Integrated services are provided across the agricultural value chain. |
Detailed competitors of Ayekart
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Verified entity values are shown only after access is granted.
Web traffic of Ayekart
The website of Ayekart (ayekart.com) receives about 6.3K visits a month.
- Monthly visits6.3K
▼ 56.8% vs previous month
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Ayekart (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 | 2,764 | ||
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 104.54 M | 1,456 |
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Related news about Ayekart
Complete news archive for Ayekart
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Frequently Asked Questions about Ayekart
Ayekart was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Ayekart is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Debarshi Dutta is the CEO of Ayekart, as recorded in our data. They have also founded this company.
Ayekart is a funded company, having raised a total of $12.84M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $122.54K, raised on Mar 2021.
The primary company behind Ayekart, Ayekart Private Limited, reported revenue of ₹1,534 Cr for FY 2024, up 138% year on year.
Ayekart was founded in 2020 in Mumbai, India, as a platform in the agricultural sector. Connections are facilitated between producers, processors, manufacturers, and distributors for commodity sourcing and processed goods distribution. Supply-chain operations are supported via partnerships, including quality assurance, logistics, payment settlement, and traceability services.
Ayekart offers Procurement Aggregation, Distribution Solutions, and Finance Access.
Ayekart has made 1 acquisition, including UBFC.
Ayekart has 77 investors. Key investors include Caspian Debt, Siply, Siana Capital, UNLEASH Capital Partners, and Omnivore.
The valuation of Ayekart is $25.63M as of Feb 2024.
Ayekart is associated with 2 legal entities: Ayekart Private Limited, Ayekart Agro Private Limited.