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.

• What is Stock Order : Types, Differences & How Order Works
• India’s Business Activity Hits 3-Month High in Nov Amid Rising Costs
• Trudeau to Cut Sales Tax and Send Checks to Canadians Ahead of Election
• Ashwini Vaishnaw Encourages German Companies to Invest in India
• Flipkart Appoints Dan Bartlett to Board

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.