About PayAgri
PayAgri is an Agriculture company based in Chennai (India) founded in 2017 by Rajeev G Kaimal and Rajkumar KVM. Supply chain solutions are developed for agri and food sectors. PayAgri has raised $1.54 million across 4 funding rounds from investors including Linkup Textiles, TIDCO and Vasudev Narayanan. The company has 14 employees. PayAgri was last valued at $6.12 million in August 2023. Its Indian entity Payagri Innovations Private Limited reported revenue of ₹77.58 Cr. Its focus areas include Food and Agriculture Tech, Crop Tech, Farming as a Service and Tech Enabled Services. Its competitors include DeHaat, StarAgri and Ayekart; 3 of its 3 listed competitors have raised funding.
Company details
PayAgri was established in 2017 in Chennai, India, as a platform focused on the agriculture and food processing sector. Connections are facilitated between small and marginal farmers and value chain stakeholders, such as farm input suppliers, agronomists, banks, and buyers. Services provided include access to farm inputs, crop insurance, and technical support, enabling integrated operations across the supply chain.
- Headquarters Chennai, India
- Employees 14
- Founders Rajeev G Kaimal, Rajkumar KVM
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website payagri.com
- Social LinkedIn X Facebook
- Legal Name Payagri Innovations Private Limited
- Date of Incorporation 15 Feb, 2017
- Jurisdiction Dindigul, Tamil Nadu, India
- Annual Revenue₹77.58 Cr
FY 2025 · -32% YoY
- Net Profit₹8.9 Lakh
FY 2025 · 0% margin
- EBITDA₹2.49 Cr
FY 2025 · 3% margin
- Total Equity Funding$1.54M (USD)
in 4 rounds
- Latest Funding Round$1.11M (USD), Series A
Aug 2023
- InvestorsLinkup Textiles
& 5 more
- Employee Count14
Associated legal entities of PayAgri
PayAgri operates through Payagri Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Payagri Innovations Private Limited CIN U01100TZ2017PTC028512 | Active | 15 Feb 2017 | Dindigul, Tamil Nadu | ₹77.6 Cr | 14 | 3 | View details |
Funding Insights of PayAgri
PayAgri has successfully raised a total of $1.54M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.11 million completed in August 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 $1.54M
- Total Rounds 4
- Last Round Series A — $1.11M
- Investors Count 6
All 4 funding rounds of PayAgri 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 |
|---|---|---|---|---|---|
| Aug 2023 | $1.11M | Series A | $6.12M | TIDCO | – |
| Jul 2020 | $349,261 | Seed | $3.75M | Linkup Textiles | |
| Feb 2020 | $72,894 | Angel Round | $••••• | Vasudev Narayanan | |
| Apr 2019 | Seed | – | Bharat Inclusion Initiative | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $6.12M | •••••••• |
| Jul 2020 | $3.75M | •••••••• |
| Feb 2020 | $••••• | •••••••• |
Full valuation and stage history of PayAgri
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 $6.12M (Aug 2023). 6 investors in total: 3 institutional and 3 angel.
Investors in PayAgri
PayAgri has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Linkup Textiles, TIDCO and Vasudev Narayanan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups across sectors are accelerated through targeted support initiatives. | bharatinclusion.ciie.co | Ahmedabad, India | ||
Infrastructure financing firm | 1965 | tidco.com | Chennai, India | |
Contract manufacturing of garments is handled by Linkup Textiles. | 1995 | linkuptextiles.com | Chennai, India | |
VN Vasudev Narayanan | unknown_10b9544c599d4060a | |||
RB Rajesh Balaraman | unknown_8464d63650ee4838b | |||
SS Santadarshan Sadhu | unknown_9aee51296dc148d6a |
Investor details for PayAgri
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Payagri Innovations Private Limited (PayAgri)
Payagri Innovations Private Limited is the primary company behind PayAgri. The board of Payagri Innovations Private Limited currently have 3 directors; the longest-serving is Manickavasagan Kamachi Veerakamachi Rajkumar, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manickavasagan Kamachi Veerakamachi Rajkumar DIN 06576723 | Managing Director | 15 Feb 2017 | 9 yrs 8 mo | Payagri Innovations Private Limited |
| Gopalakrishnakaimal Rajeev DIN 07706398 | Managing Director | 15 Feb 2017 | 9 yrs 8 mo | Payagri Innovations Private Limited |
| Venkatraman Sundharam DIN 01523841 | Nominee Director | 10 Mar 2021 | 5 yrs 7 mo | Payagri Innovations Private Limited |
People of PayAgri
2 people are tracked at PayAgri (2 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Rajeev G Kaimal | Co-Founder & Managing Director | Leadership |
Rajkumar KVM | Co-Founder & Managing Director | Leadership |
Complete people profiles for PayAgri
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Financials of PayAgri
Figures of Payagri Innovations Private Limited, the primary company behind PayAgri, for FY 2025. Revenue was ₹77.58 Cr (-32% year on year). Net profit was ₹8.9 Lakh (0% margin). EBITDA was ₹2.49 Cr (3% margin). Revenue has grown at a compounded annual rate of +37% over three years and +59% over five years.
- ₹77.58 CrRevenue · FY 2025 · -32% YoY
- ₹8.9 LakhNet profit · 0% margin
- ₹2.49 CrEBITDA · 3% margin
- ₹1.4 LakhPaid-up capital
- 14Employees (provident fund records)
- +37%Revenue CAGR, 3 years
- +59%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Payagri Innovations Private Limited are on its company page.
Detailed financial statements for PayAgri
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of PayAgri
4 dated milestones of PayAgri across 6 years, from founding to its latest funding, stage changes and deals.
- Founded PayAgri is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.1M.
Competitors of PayAgri
PayAgri has 3 listed competitors in our database, 3 of them funded. They include DeHaat, StarAgri and Ayekart.
| 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. | |
| ayekart.com | 2020 | Mumbai, India | $12.84M | 126 | Agricultural producers and distributors are connected through a service network. |
Detailed competitors of PayAgri
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Verified entity values are shown only after access is granted.
Web traffic of PayAgri
Websites that share an audience with PayAgri (payagri.com).
Websites whose visitors overlap most with PayAgri. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
skmpornafoods.com | skmpornafoods.com | 100% | #10,320,954 | – |
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as PayAgri (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 | 12,280 | ||
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 |
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Related news about Payagri
Complete news archive for PayAgri
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Frequently Asked Questions about PayAgri
PayAgri was founded in 2017 and raised its 1st funding round 2 years after it was founded.
PayAgri is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
PayAgri is a funded company, having raised a total of $1.54M across 4 funding rounds to date.
PayAgri has 14 employees.
The primary company behind PayAgri, Payagri Innovations Private Limited, reported revenue of ₹77.58 Cr for FY 2025, down 32% year on year.
PayAgri was established in 2017 in Chennai, India, as a platform focused on the agriculture and food processing sector. Connections are facilitated between small and marginal farmers and value chain stakeholders, such as farm input suppliers, agronomists, banks, and buyers. Services provided include access to farm inputs, crop insurance, and technical support, enabling integrated operations across the supply chain.
PayAgri has 6 investors. Key investors include Linkup Textiles, TIDCO, Vasudev Narayanan, Rajesh Balaraman, and Bharat Inclusion Initiative.
The valuation of PayAgri is $6.12M as of Aug 2023.
PayAgri operates through Payagri Innovations Private Limited.
The legal entities of PayAgri currently have 3 directors, including Venkatraman Sundharam, Manickavasagan Kamachi Veerakamachi Rajkumar, Gopalakrishnakaimal Rajeev.