Market Research Report: Agrizy and Competitors
Company Overview: Agrizy
Agrizy, operating as Bizcovery Private Limited, is a promising agritech startup headquartered in Bengaluru, Karnataka. Established in 2021 by Saket Chirania and Vicky Dodani, the company aims to transform the agrifood processing landscape. Its innovative platform facilitates seamless connections between small agricultural processors and large brands, primarily targeting the processed agricultural supply chain. Agrizy's services include digital vendor management and automation solutions. Further details can be explored on their official website: [www.agrizy.in](https://agrizy.in).
Core Offerings
Agrizy provides an integrated suite of solutions focusing on:
- Supply Chain Automation: Enhances transaction quality and traceability by bridging the gap between fragmented agri suppliers and processors.
- Logistics and Finance: Offers a robust logistics network with real-time tracking capabilities and financial support for participants.
- Technology-Driven Growth: Utilizes intelligent systems to oversee vendor management, quality grading, embedded finance, and logistics efficiency.
Financial Overview
Agrizy has exhibited strong financial performance with a valuation of $32.8 million as of August 2024 and reported an annual revenue of $32.7 million for the fiscal year ending March 2025. The company has successfully secured $9.8 million in a Series A funding round led by Accion and Omnivore, with contributions from Capria Ventures and Thai Wah Ventures. This financial influx is directed towards scaling business operations, expanding engineering teams, and developing new digital services.
Leadership and Key Personnel
- Saket Chirania: Co-Founder
- Vicky Dodani: Co-Founder
- Abhinav Bhardwaj: Regional Sales Head
- Karthik Sundararaman: Head of Growth and Strategy
- Markish Arun: Head of Engineering and Products
Client Testimonials and Certifications
Agrizy is well-regarded for consistent quality and reliability, as highlighted by testimonials from clients such as Mr. Devendra Patel of Hirva Dehydration and Mr. Amit Agarwal of Grihasti. The company maintains high standards with certifications including:
- FSSAI
- ISO 22000:2018
- Kosher Certified
- Halal
- FSSC 22000
- APEDA
- Spices Board India
Competitor Analysis
In the competitive agritech sector, Agrizy faces substantial rivalry. The following are notable competitors:
1. DeHaat
- Website: [DeHaat](https://agrevolution.in/)
- Location: Gurgaon, Haryana
- Founded: 2012
- Description: Delivers AI-driven end-to-end agri solutions, serving an expansive network of over 12.8 million farmers. The platform offers services such as crop advisory, agri-inputs, and financing.
- Specialties: AgTech, Agri Supply Chain, Precision Agriculture
2. Agri10x
- Website: [Agri10x](http://www.agri10x.ae)
- Location: Dubai, DU, with offices in Pune, Maharashtra
- Founded: 2018
- Description: Pioneers an AI and Blockchain-enabled global e-marketplace that connects farmers with global traders and buyers, facilitating efficient agro-commodity trade.
- Specialties: AgTech, Agricultural e-marketplace
3. Ninjacart
- Website: [Ninjacart](https://ninjacart.com/)
- Location: Karnataka, India
- Founded: 2015
- Description: Recognized as India's largest B2B fresh produce supply chain platform, providing direct connectivity between farmers and retailers through an optimized supply network.
- Specialties: Agri marketing and supply chain
4. Crofarm
- Website: [Crofarm](http://crofarm.com)
- Location: Gurgaon, Haryana
- Description: Employs technology to ensure the supply of farm-fresh produce with minimized wastage, leveraging machine learning for demand prediction and reducing farm-to-home delivery times.
- Specialties: Farm-fresh produce supply chain
Agrizy distinguishes itself through a concentrated focus on non-perishable agricultural products and highly specialized tech-driven solutions for the agricultural supply chain sector, offering a unique value proposition compared to broader-focused competitors like DeHaat and Ninjacart.
