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Agrim Wholesale Pvt Ltd raised $17.3 million in a Series B funding round led by Asia Impact to strengthen its technology and expand operations.

Aug 30, 2024over 1 year ago

Amount Raised

$17.3 Million

Round Type

series b

GurugramAgriculture and FarmingE Commerce

Investors

Asia Impact

Description

Agrim Wholesale Pvt Ltd, a Gurugram-based on-demand B2B platform for agricultural inputs, has successfully raised $17.3 million in a Series B funding round led by Asia Impact. The funds will be used to enhance offerings and support growth as the startup aims to become a preferred partner for agri-input retailers and manufacturers nationwide.

Company Information

Company

AGRIM

Location

Gurugram, Haryana, India

About

Agrim Wholesale Pvt Ltd is a Gurugram-based on-demand B2B platform that specializes in agricultural inputs. Founded by Mukul Garg and Avi Jain, the startup connects retailers with manufacturers, offering over 30,000 stock-keeping units from 1,200 manufacturers. Agrim aims to enhance technology and operations in the agri-inputs supply chain. The platform serves 25,000 retailers and educates 15 million farmers about agricultural products.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech