Agritech startup Agrizy has raised $4 million (around Rs 30 crore) in its seed round led by Ankur Capital.
The round also saw participation from Omnivore and angel investors Rajesh Yabaji (CEO, BlackBuck), Zetwerk’s Co-founders Srinath Ramakkrushnan, Amrit Acharya, Rahul Sharma, and Vishal Chaudhary, among others.
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The Bengaluru-based startup will use the funds to grow its business and engineering teams, build a suite of digital services for the processed agri marketplace and also boost customer growth.
“The funds raised will be utilised to build strong business and engineering teams, develop a suite of digital services for the processed agri marketplace and ramp up customer traction in targeted value chains across India,” Agrizy said in a statement.
The startup will use the funds to build the product and accelerate business in targeted value chains.
Founded in September 2021 by Vicky Dodani and Saket Chirania, Agrizy is developing a tech-first platform to bridge the processed agri supply chain.