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Tag: Bijak funding

Agricultural Commodities Platform Bijak raises USD 12 million
FUNDING

Agricultural Commodities Platform Bijak raises USD 12 million

New Delhi, Apr 25th, 2020: Bijak, a B2B platform for agricultural commodities has raised USD 12 million (Rs 91 crore) from investors including RTP Global to enhance its technology team and roll out new features. In the Series-A round, led by RTP Global, the company said that its existing investors Omnivore, Omidyar Network India, Sequoia Capital India’s Surge, and Better Capital also participated. Bijak previously raised a USD 2.5 million Seed round in December 2019 from Omnivore, Omidyar Network India, Surge, and Better Capital. Gurugram-based Bijak is a platform that gives agricultural commodity buyers and sellers better prices, increased working capital, and optimised logistics. It aims to bring accountability and transparency into the agricultural value chain through a buy...
Bijak Raises $2.5 Mn from Omnivore, Omidyar Network, Others
FUNDING

Bijak Raises $2.5 Mn from Omnivore, Omidyar Network, Others

Agritech start-up Bijak has raised over USD 2.5 million (about Rs 18 crore) from various investors, including Omnivore and Omidyar Network India, for expansion of its business. Sequoia Capital India’s rapid scale-up programme, Surge and Better Capital have also invested. Gurugram-based Bijak, which was launched in May 2019 by Nukul Upadhye, Mahesh Jakhotia, Jitender Bedwal, Daya Rai and Nikhil Tripathi, would utilise the fund on new technology and hiring fresh talent, among others. Bijak is a platform that gives agricultural commodity buyers and sellers better prices, increased working capital, and optimised logistics. It brings accountability and transparency into the agricultural value chain through a buyer/seller rating system, and enables traders, wholesalers, and food proces...