Vegrow

Bengaluru, India Founded: 2020 • Age: 6 yrs
Online B2B marketplace that connects farmers with businesses to supply fresh produce
Annual revenue $47.3M Latest available
Total funding $86.6M 7 rounds
Employees 622 Tracked headcount
Investors 35 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
    Retail
    Agriculture
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Chifu Agritech Private Limited
  • Date of Incorporation 26 Feb, 2020
  • Jurisdiction Hyderabad, Andhra Pradesh, Telangana, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $47.33 M (USD)
    10.21
    as on Mar 31, 2024
  • Net Profit
    -$16.37 M (USD)
    -22.84
    as on Mar 31, 2024
  • EBITDA
    -$16.09 M (USD)
    -17.93
    as 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

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Products & Services of Vegrow

Vegrow offers a comprehensive portfolio of products and services, including Fruits Marketplace Platform, Order Aggregation Service, and Quality Assurance Technology.

Product name locked
Category locked
Primary

Platform for aggregating and matching fruit orders with farms for efficient sales.

Product name locked
Category locked
Locked

Service that collects customer orders to align with farm produce and market demands.

Product name locked
Category locked
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Technology for grading and sorting fruits to ensure consistent quality and reliability.

People of Vegrow

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Mrudhukar Batchu
Co-Founder
People
Kiran Naik
Co-Founder
People
Shobhit Jain
Co-Founder
People
Mohammed Kasim
Deputy Manager

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Sovereign wealth is managed and private equity investments are facilitated.
Locked Locked Locked
Tech companies are invested in by this venture capital firm.
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Elevation Capital is focused on early-stage tech investments in India.
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Investor details for Vegrow

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Vegrow

Investments
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Investment portfolio details for Vegrow

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Vegrow

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Detailed financials for Vegrow

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  • Historical revenue
  • Profit trends
  • Statement rows
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Vegrow Comparisons

Vegrow Primary company
Description
Online B2B marketplace that connects farmers with businesses...
Location
Bengaluru, India
Founded Year
2020
Annual Revenue
$47.33 M (USD)
Net Profit
-$16.37 M (USD)
EBITDA
-$16.09 M (USD)
Employees
622
As of 2025
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Peer comparison for Vegrow

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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.

Company Name Domain Founded year HQ Location Description
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Food industry ingredients are supplied via a B2B platform.
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Provider of food supply chain management and farming solutions.
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SaaS-based B2B solutions for food supply chains are provided.
Locked Locked Locked
B2B platform offering vegetables and fruits
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B2B marketplace platform connecting retailers with brands and staples producers
Locked Locked Locked
Local wholesale businesses are facilitated via an e-distribution platform.
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Detailed competitors of Vegrow

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  • Domains and locations
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  • Competitive positioning

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Latest news on Vegrow

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Complete news archive for Vegrow

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Vegrow

Vegrow was founded in 2020.

Vegrow is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Praneeth Kumar is the current CEO of Vegrow. They have also founded this company.

Vegrow is a funded company, having raised a total of $86.65M across 7 funding rounds to date.

As of Sep 15, 2025, the latest employee count at Vegrow is 622.

Annual revenue of Vegrow is $47.33M as on Mar 31, 2024.

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.

Vegrow's top competitors include FarMart, WayCool and HyperPure.

Vegrow offers Fruits Marketplace Platform, Order Aggregation Service, and Quality Assurance Technology.

Vegrow has 35 investors. Key investors include Angel List, Wellfound, Lightspeed Venture Partners, Naspers, and Ankur Capital.

The valuation of Vegrow is $280.01M as of Dec 2023.

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