About Vegrow
Vegrow is a company based in Bengaluru (India) founded in 2020 by Kiran Naik Bhukya, Shobhit Jain, Praneeth Kumar, and Mrudhukar Batchu.. Vegrow has raised $86.65 million across 7 funding rounds from investors including Angel List, Wellfound and Lightspeed Venture Partners. The company has 622 employees as of September 15, 2025. Vegrow offers products and services including Fruits Marketplace Platform, Order Aggregation Service, and Quality Assurance Technology. Vegrow operates in a competitive market with competitors including HyperPure, WayCool, FarMart, Ninjacart and Jumbotail, among others.
- Headquarter Bengaluru, India
- Employees 622 as on 15 Sep, 2025
- Founders Kiran Naik Bhukya, Shobhit Jain, Praneeth Kumar, Mrudhukar Batchu
- Stage Minicorn
-
Sectors
RetailAgriculture
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Chifu Agritech Private Limited
- Date of Incorporation 26 Feb, 2020
- Jurisdiction Hyderabad, Andhra Pradesh, Telangana, India
-
Annual Revenue
$47.33 M (USD)10.21as on Mar 31, 2024
-
Net Profit
$-16.37 M (USD)-22.84as on Mar 31, 2024
-
EBITDA
$-16.09 M (USD)-17.93as on Mar 31, 2024
-
Total Equity Funding
$86.65 M (USD)
in 7 rounds
-
Latest Funding Round
$112.8 K (USD), Series C
Oct 23, 2025
-
Investors
Angel List
& 34 more
-
Employee Count
622
as on Sep 15, 2025
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Vegrow
Vegrow offers a comprehensive portfolio of products and services, including Fruits Marketplace Platform, Order Aggregation Service, and Quality Assurance Technology. 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.
Platform for aggregating and matching fruit orders with farms for efficient sales.
Service that collects customer orders to align with farm produce and market demands.
Technology for grading and sorting fruits to ensure consistent quality and reliability.
Unlock access to complete
Funding Insights of Vegrow
Vegrow has successfully raised a total of $86.65M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $112.8 thousand completed in October 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 Total Funding
- Total Rounds 7
- Last Round Series C — $112,801
-
First Round
First Round
(15 May 2020)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series C - Vegrow | Valuation | VentureSoul | |
| Oct, 2025 | Amount | Series C - Vegrow | Valuation |
investors |
|
| Dec, 2023 | Amount | Series C - Vegrow | Valuation | GIC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vegrow
Vegrow has secured backing from 35 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and Lightspeed Venture Partners. 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 |
|---|---|---|---|---|
|
Sovereign wealth is managed and private equity investments are facilitated.
|
Founded Year | Domain | Location | |
|
Tech companies are invested in by this venture capital firm.
|
Founded Year | Domain | Location | |
|
Elevation Capital is focused on early-stage tech investments in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Vegrow
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Vegrow
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vegrow Comparisons
Competitors of Vegrow
Vegrow 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 HyperPure, WayCool, FarMart, Ninjacart and Jumbotail, 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 |
Food industry ingredients are supplied via a B2B platform.
|
|
| domain | founded_year | HQ Location |
Provider of food supply chain management and farming solutions.
|
|
| domain | founded_year | HQ Location |
SaaS-based B2B solutions for food supply chains are provided.
|
|
| domain | founded_year | HQ Location |
B2B platform offering vegetables and fruits
|
|
| domain | founded_year | HQ Location |
B2B marketplace platform connecting retailers with brands and staples producers
|
|
| domain | founded_year | HQ Location |
Local wholesale businesses are facilitated via an e-distribution platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Vegrow
Frequently Asked Questions about Vegrow
When was Vegrow founded?
Vegrow was founded in 2020.
Where is Vegrow located?
Vegrow is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Vegrow?
Praneeth Kumar is the current CEO of Vegrow. They have also founded this company.
Is Vegrow a funded company?
Vegrow is a funded company, having raised a total of $86.65M across 7 funding rounds to date. The company's 1st funding round was a Series C of $46M, raised on May 15, 2020.
How many employees does Vegrow have?
As of Sep 15, 2025, the latest employee count at Vegrow is 622.
What is the annual revenue of Vegrow?
Annual revenue of Vegrow is $47.33M as on Mar 31, 2024.
What does Vegrow do?
Vegrow was founded in 2020 in Bengaluru, India, as an online B2B marketplace in the agritech sector. Farmers are linked with businesses to facilitate the supply of fresh produce. Agricultural activities are simplified through technology integration. Supply from farmers is aggregated and distributed to organized buyers, with partnerships established to maintain consistent quality and diversity in produce offerings. Operations focus on the Indian market.
Who are the top competitors of Vegrow?
What products or services does Vegrow offer?
Vegrow offers Fruits Marketplace Platform, Order Aggregation Service, and Quality Assurance Technology.
Who are Vegrow's investors?
Vegrow has 35 investors. Key investors include Angel List, Wellfound, Lightspeed Venture Partners, Naspers, and Ankur Capital.
What is Vegrow's valuation?
The valuation of Vegrow is $280.01M as of Dec 2023.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.