About Bijak
Bijak is a company based in Gurugram (India) founded in 2019 by Daya Rai, Mahesh Jakhotia, Nikhil Tripathi, Jitender Bedwal, and Nukul Upadhye.. Bijak has raised $34.48 million across 5 funding rounds from investors including Wellfound, Alteria Capital and Omidyar Network. The company has 181 employees as of October 03, 2024. Bijak offers products and services including Bijak Vyapaar, Bijak Mandi, Bijak Global, and Just Fresh. Bijak operates in a competitive market with competitors including BigHaat, WayCool, FarMart, Ninjacart and Vegrow, among others.
- Headquarter Gurugram, India
- Employees 181 as on 03 Oct, 2024
- Founders Daya Rai, Mahesh Jakhotia, Nikhil Tripathi, Jitender Bedwal, Nukul Upadhye
- Stage Minicorn
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Sectors
RetailAgriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Krishiacharya Technologies Private Limited
- Date of Incorporation 04 Apr, 2019
- Jurisdiction Dlf Qe, Haryana, India
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Annual Revenue
$7.93 M (USD)1344.42as on Mar 31, 2022
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Net Profit
$-6.72 M (USD)-217.81as on Mar 31, 2022
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EBITDA
$-6.86 M (USD)-178.59as on Mar 31, 2022
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Total Equity Funding
$34.48 M (USD)
in 5 rounds
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Latest Funding Round
$160.61 K (USD), Series B
Aug 21, 2024
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Investors
Wellfound
& 14 more
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Employee Count
181
as on Oct 03, 2024
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Products & Services of Bijak
Bijak offers a comprehensive portfolio of products and services, including Bijak Vyapaar, Bijak Mandi, Bijak Global, and Just Fresh. 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.
Facilitates efficient grain trading in India for businesses.
Links fresh produce suppliers with market hubs.
Connects Indian agriculture to global markets for trade.
Offers premium fruits and vegetables to consumers.
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Funding Insights of Bijak
Bijak has successfully raised a total of $34.48M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $160.61 thousand completed in August 2024. 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 B — $160,613
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First Round
First Round
(09 Oct 2019)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series B - Bijak | Valuation |
investors |
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| Jun, 2023 | Amount | Series B - Bijak | Valuation |
investors |
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| Jan, 2022 | Amount | Series B - Bijak | Valuation | Bertelsmann India Investments |
| 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 Bijak
Bijak has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, Alteria Capital and Omidyar Network. 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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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location | |
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Venture debt funding and structured finance for innovative startups in India.
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Founded Year | Domain | Location | |
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Investing in technology, digital culture, governance, and business initiatives.
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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 Bijak
| 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 - Bijak
| 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 |
Bijak Comparisons
Competitors of Bijak
Bijak 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 BigHaat, WayCool, FarMart, Ninjacart and Vegrow, 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 |
Quality agri-inputs and information are delivered through an e-commerce platform.
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| domain | founded_year | HQ Location |
Provider of food supply chain management and farming solutions.
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| domain | founded_year | HQ Location |
SaaS-based B2B solutions for food supply chains are provided.
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| domain | founded_year | HQ Location |
B2B platform offering vegetables and fruits
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| domain | founded_year | HQ Location |
Online B2B marketplace that connects farmers with businesses to supply fresh produce
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| domain | founded_year | HQ Location |
Provider of suite of services for businesses
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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 Bijak
Frequently Asked Questions about Bijak
When was Bijak founded?
Bijak was founded in 2019.
Where is Bijak located?
Bijak is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Bijak?
Nukul Upadhye is the current CEO of Bijak. They have also founded this company.
Is Bijak a funded company?
Bijak is a funded company, having raised a total of $34.48M across 5 funding rounds to date. The company's 1st funding round was a Series B of $19.32M, raised on Oct 09, 2019.
How many employees does Bijak have?
As of Oct 03, 2024, the latest employee count at Bijak is 181.
What is the annual revenue of Bijak?
Annual revenue of Bijak is $7.93M as on Mar 31, 2022.
What does Bijak do?
Bijak was founded in 2019 in Gurugram, India, within the agritech sector. Suppliers of agricultural products are linked with domestic and global markets via an online platform. Grain trading is enabled through dedicated market solutions, while fresh produce suppliers are connected to distribution hubs. Trade opportunities are optimized by integrating agriculture with international networks. Fruits and vegetables are supplied directly to consumers.
Who are the top competitors of Bijak?
What products or services does Bijak offer?
Bijak offers Bijak Vyapaar, Bijak Mandi, Bijak Global, and Just Fresh.
Who are Bijak's investors?
Bijak has 15 investors. Key investors include Wellfound, Alteria Capital, Omidyar Network, RTP Global, and Bertelsmann India Investments.
What is Bijak's valuation?
The valuation of Bijak is $145.39M as of Aug 2024.
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