Origo Commodities is a Gurugram-based agri-fintech digital platform that provides procurement, warehousing support, and trade finance to farmers and traders. Its core product is a digital trade and finance platform called E-mandi, an e-auction platform designed to enable 100% secure online commodity trading and improved price discovery. The company targets small and medium producers and traders, offering procurement support and financing to help them scale volumes. Origo plans to use fresh capital to build capacity among SMEs and to address disruptions caused by the Covid-19 pandemic. The firm increased trade financing from ₹100 crore in 2019-20 to ₹180 crore in 2020-21 and aims to raise it to ₹600 crore in the current fiscal, with ₹130 crore achieved in the first quarter. E-Mandi is also projected to facilitate non-funded trade of ₹350 crore. Origo Commodities provides solutions to reduce post-harvest losses and maximize value for participants across the commodity supply chain, including farmers, traders, processors, bulk buyers, warehouse owners and financial institutions. The company offers financing and logistics solutions designed to serve all participants in the agriculture value chain. Founders Mayank Dhanuka and Sunoor Kaul said they plan to leverage investor experience to strengthen product and reach. The startup intends to use the fresh capital to bolster its financing and logistics offerings. No operating metrics (revenue/users) were disclosed in the article.

Total raised

$30M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Oct 2021