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Current company AGRIM
Technology, Information and Internet · 1.4K employees · Founded 2020 · Gurugram, Haryana, India
We are an asset-light agri-inputs e-commerce platform for retailers
The $50 billion+ agri-inputs industry faces challenges from a diversified, fragmented, and seasonal demand. Traditional supply chains are costly and lack data visibility, leading to inventory losses or unmet demand. Our on-demand tech platform solves these issues by reducing demand and supply mismatches.
We have recently raised $20.5m Series B funds from Asia Impact and BII to strengthen our technology, enhance offerings, and expand operations.
*Problem Statement*
In India, we have a lot of different crops, but our farmers don't have much land. This makes it tough for them to get the right farming supplies at the right time. The brick-and-mortar supply chain has problems like having limited products, too much inventory in stock and working capital, high returns and not being able to give farmers what they need when they need it.
Over 40,000 MSME agri-inputs manufactures rely on this data dark supply chain, but it hurts their profits.
*What's Agrim doing?*
In a perfect world, we would take products from the manufacturers and deliver them directly to the farmers, like how Swiggy and Zomato deliver food.
But it's too expensive to do that for farmers. Plus, farmers also need advice on farming, which requires local knowledge. So, we're creating a platform for local shops that farmers trust. We're making a system where these stores can get the farming supplies they need just-in-time.
We offer a big selection of 1,00,000+ products to these stores, which is way better than other options.
We use technology to keep our costs low, stay asset-light, and make sure we can reach every part of the country. We're focused on making things better bit by bit and letting compounding do the magic.