Agroshift
Agroshift is a technology company.
Financial History
Agroshift has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Agroshift raised?
Agroshift has raised $2.0M in total across 1 funding round.
Agroshift is a technology company.
Agroshift has raised $2.0M across 1 funding round.
Agroshift has raised $2.0M in total across 1 funding round.
Agroshift has raised $2.0M in total across 1 funding round.
Agroshift's investors include Alex.
Agroshift is a Bangladesh-based agritech startup founded in 2022 that builds a digital platform connecting farmers directly to businesses, processors, and consumers, eliminating middlemen in the fresh food supply chain.[1][2] It serves the agricultural, ecommerce, and food industries—particularly targeting RMG factory workers, processors, and global buyers—by solving inefficiencies in sourcing, distribution, and cross-border trade through structured procurement, micro-fulfillment, digital ordering, and transparent logistics.[1][2][3] The platform offers digital retail for high-volume fresh produce delivery, processing/private-label support for conglomerates, and cross-border trade for commodities like pulses, wheat, rice, and edible oil, with total funding exceeding $3.5M (including a recent ADB Ventures investment) and strong early traction from RMG innovation wins.[1][2][4]
Agroshift was founded in 2022 in Dhaka, Bangladesh, by Qazi Bouland, Diptha Saha, and Rameez Hoque.[1][3] Diptha Saha, the COO, brings serial entrepreneurship experience: he co-founded Khamar-e in 2019 (focusing on dairy/livestock traceability) and a PR firm called PReach, holding a B.Eng. in Industrial and Production Engineering from BUET.[3] The idea emerged to transform agri-commerce by directly linking farmers to consumers, starting with Bangladesh's 4-5.1 million RMG workers (mostly female) via factory-based shops for affordable fresh produce sourced from northern farmer networks.[3]
Early traction came swiftly: in February 2024, Agroshift won the "Stitch for RMG: Global Innovation Challenge" (backed by H&M Foundation, Brac, and The Asia Foundation), earning incubation, factory access, and scaling grants.[2][4] This victory, plus Anchorless Bangladesh's investment, propelled evolution into a full-stack player with output/input linkage, advisory services, collection centers in Mymensingh, and distribution hubs near Gazipur/Savar.[1][3]
Agroshift rides the agri-commerce digitization wave in emerging markets like Bangladesh, where fragmented supply chains leave farmers vulnerable to middlemen and consumers facing high prices/poor quality.[1][2] Timing aligns with rising RMG sector demands (serving millions of workers) and global food security needs amid commodity volatility, amplified by post-COVID supply resilience focus.[3] Market forces favoring it include Bangladesh's agri-export potential, investor interest in impact-driven agritech, and IoT/traceability trends (echoed by peers like Adorsho Pranisheba).[1]
It influences the ecosystem by pioneering "operating systems" for agri-trade—streamlining local/global flows, boosting farmer incomes, and enabling scalable models for conglomerates—potentially inspiring replication across South Asia.[2]
Agroshift's seed-stage momentum positions it to dominate Bangladesh's agri-commerce, expanding from RMG-focused retail to full cross-border dominance with database-enhanced procurement and private-label growth.[2][3] Trends like AI-driven demand forecasting, IoT integration, and climate-resilient logistics will shape its path, while deeper global partnerships could push funding past $10M.[1][2] Its influence may evolve from local innovator to regional backbone, empowering millions of farmers and redefining fresh food access—tying back to its core mission of fair, transparent supply chains.[1]
Agroshift has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in October 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2022 | $2.0M Seed | Alex |