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§ Private Profile · Plot 54, Delta Tower, 6th Floor, Sector 44, Gurugram, Haryana, 122003
B2B agritech marketplace connecting agricultural commodity buyers and sellers, facilitating secure transactions and logistics in India.
Based in Gurugram, India, Bijak is a B2B agricultural technology marketplace that connects buyers, sellers, wholesalers, and food processors to facilitate the trading of agricultural commodities. Founded in 2019 by Nukul Upadhye, Mahesh Jakhotia, Jitender Bedwal, Daya Rai, and Nikhil Tripathi, the platform provides secure transaction infrastructure, working capital credit, and logistics solutions across more than 28 Indian states. Operating within a $200 billion domestic market, the company facilitates trade for over 100 commodities and processes monthly transaction volumes exceeding one and a half billion rupees. The enterprise has successfully raised over $43 million in total venture capital funding, reaching an approximate valuation of $200 million following a Series B financing round exceeding $31 million. Bijak is backed by prominent institutional investors including Bertelsmann India Investments, Peak XV Partners, Omidyar Network India, Matrix Partners India, and RTP Global.
Bijak has raised $33.8M across 3 funding rounds.
Bijak has raised $33.8M in total across 3 funding rounds.
Bijak has raised $33.8M across 3 funding rounds. Most recently, it raised $19.3M Series B in January 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 24, 2022 | $19.3M Series B | Bertelsmann | Better Capital, Omidyar Network India, Peak XV Partners (Sequoia Capital India), RTP Global | Announced |
| Apr 1, 2020 | $12M Series A | Galina Chifina | RTP Global, AL Trust, Omidyar Network India, Mark Kahn, Peak XV Partners (Sequoia Capital India), Tempo Ventures | Announced |
| Dec 17, 2019 | $2.5M Seed | — | Better Capital, Omidyar Network India, Mark Kahn, Sequoia Capital | Announced |
Bijak is a technology-driven B2B platform specializing in agricultural commodity trading in India. It connects buyers and sellers across the agricultural value chain, offering better price discovery, working capital access, and logistics solutions. The platform addresses key challenges in the sector such as information asymmetry, trust deficit, and lack of accountability by providing a transparent rating system based on real-time transaction data. Bijak serves a wide range of stakeholders including farmers, traders, wholesalers, food processors, and retailers, facilitating seamless transactions and reducing wastage. Since its launch in 2019, Bijak has rapidly expanded to cover over 28 states, 2,000+ regions, and 30,000+ commodities, demonstrating strong growth momentum with monthly transactions worth hundreds of crores of rupees[1][3][5].
Founded in April 2019 by Nukul Upadhye, Jitender Bedwal, Nikhil Tripathi, Mahesh Jakhotia, and Daya Rai, Bijak emerged from the founders’ vision to empower every node in India’s agricultural supply chain. The idea originated from the need to transform traditional grain trading and fresh produce supply systems by leveraging technology to create efficient, transparent, and reliable market linkages. Early traction was significant, with the company raising $2.5 million in seed funding within six months and quickly scaling its platform to handle a large volume of transactions. The founders’ combined expertise in agritech and technology helped Bijak evolve from a simple marketplace to a comprehensive ecosystem including services like Bijak Vyapaar (grain trading), Bijak Mandi (fresh produce linkage), and Bijak Global (international trade)[2][3][5].
Bijak rides the wave of digital transformation in agritech, addressing long-standing inefficiencies in India’s USD 300 billion agricultural value chain. The timing is critical as Indian agriculture increasingly demands transparency, credit access, and technology adoption to improve productivity and reduce losses. Market forces such as rising smartphone penetration, government digitization initiatives, and growing demand for supply chain transparency favor Bijak’s growth. By bridging information gaps and enabling data-driven trade, Bijak influences the broader ecosystem by empowering MSMEs and traditional traders to participate in a more formalized, efficient market[1][2][3].
Looking ahead, Bijak is poised to deepen its impact by expanding AI-driven solutions to further reduce friction points like credit access and trust deficits. The company’s growth trajectory suggests continued scaling across India’s agricultural markets and potential expansion into global trade through Bijak Global. Emerging trends such as increased digitization of rural economies, integration of financial services, and demand for sustainable supply chains will shape Bijak’s journey. Its influence is likely to evolve from a marketplace to a comprehensive agritech ecosystem, driving modernization and inclusivity in Indian agriculture[3][5]. This positions Bijak as a key enabler of the future agricultural economy, fulfilling its mission to empower every node in the supply chain.
Bijak has raised $33.8M in total across 3 funding rounds.
Bijak's investors include Bertelsmann, Better Capital, Omidyar Network India, Peak XV Partners (Sequoia Capital India), RTP Global, Galina Chifina, AL Trust, Mark Kahn, Tempo Ventures, Sequoia Capital.