Agrizy raises $5 million in debt

11 May 2023 , 08:32 AM

The $5 million in debt financing that the agrifood processing company Agrizy has obtained from SBI, Yes Bank, Vivriti Capital, and other financial institutions will be used to expand its technological capabilities, strengthen its processing capabilities, and reach more large agrifood buyers in domestic and international markets.

Agrizy’s objective is to expand the Indian market for agrifood processing, ever since it was founded. The startup wants to supply the nation’s $400 billion agrifood processing market with cutting-edge agritech solutions.

In order to meet the needs of the processed agrifood value chain, Agrizy offers tailored solutions. With the help of its digital B2B Platform, which offers quality assurance, logistics, and payment options, agrifood processors can buy pre- and semi-processed agricultural products. 

Additionally, it supplies large agrifood processors and brands with custom-processed products, boosting SME processors’ capacity utilization and profitability. Additionally, Agrizy’s fintech services offer processors working cash from licensed lenders at reasonable rates.

For feedback and suggestions, write to us at [e-mail]