• Agrizy

  Participated · Series A · Aug 2024

  Agrizy is a Bangalore-based provider of a B2B agri-processing platform co-founded in 2021 by Vicky Dodani and Saket Chirania. The platform supports discovery and ordering, fulfillment, and credit facilitation to help processors maximize capacity utilization and overall business outcomes. Agrizy has served over 100 institutional clients across domestic and international markets, including Europe, North America, and Asia. It has processed more than 100,000 MT of agrifood products. The company plans to use the funds to accelerate expansion across existing and new product lines and to develop value-added services. Agrizy also intends to enable quality financial services to better serve agri-processors. Agrizy operates a B2B agrifood processing platform that enables processors to buy pre- and semi-processed products and offers end-to-end fulfillment including quality assurance, logistics, and payment options. The company provides value-added processing services that supply large agrifood processors and brands with custom-processed products while aiming to increase capacity utilization and profitability for SME processors. Agrizy also offers FinTech services that enable formal lenders’ working capital to processors at affordable rates. The company raised $5 million in debt financing and plans to use the funds to strengthen processing capabilities, expand reach to more agrifood processing SMEs in India, and purchase large quantities of agrifood on domestic and foreign markets. Agrizy previously raised a $4,000,000 seed round in April 2022 from Amrit Acharya and other investors. Established in 2020 and based in Bengaluru, Agrizy lists competitors including Copia, AgroFresh, and Hazel Technologies. Agrizy is developing a tech-first platform to bridge the processed agri supply chain by connecting processors and buyers of non-perishable farm products across food and non-food categories. Founded in September 2021 by Vicky Dodani and Saket Chirania, the company offers solutions across digital vendor management and supply and value chain automation. The startup plans to use new capital to build business and engineering teams, develop a suite of digital services for the processed agriculture marketplace, and ramp up customer traction in targeted value chains. Management says the business has been sustainably growing 100% month-on-month from inception. Agrizy targets improved price realization, expanded footprint across locations, and unlocking value for SMEs by enabling formal credit. The seed round is also Ankur Capital's first investment through its India Pitch Fest program.

• Great Wrap

  Participated · Series A · Jul 2022

  Great Wrap makes fully compostable machine pallet wrap (and previously sold a consumer compostable cling wrap) certified by the Australasian Bioplastics Association. Its wrap is made from compostable biopolymers and plant-based oils, delivers up to 250% pre-stretch, and is denser and stronger than traditional wrap so customers can reduce thickness. The company is B‑Corp certified and has shifted focus from a consumer subscription service to B2B, targeting pallet-wrap waste in supply chains. Great Wrap recently scaled production by moving from the Mornington Peninsula to a larger facility in Tullamarine after a prior funding round. It has partnered with Opal ANZ to add its compostable pallet wrap to Opal Packaging Plus and to leverage Opal’s distribution. The business aims to produce 5,000 tonnes of certified compostable machine pallet wrap as part of efforts to divert traditional plastic from landfills. Great Wrap produces a range of compostable stretch wraps — Cling Wrap, Catering Wrap and Pallet Wrap — made from potato processing waste and a PHA biopolymer. The company first commercialised its wrap in 2020 and moved into its first facility in 2021. After closing a $24 million funding package, Great Wrap expanded into a new 12,000 sqm Tullamarine facility with capacity to manufacture 30,000 tonnes of compostable stretch wrap by the end of 2023. Phase two plans include commissioning an on-site biorefinery to produce PHA from local potato waste, expected in 2023, with capacity to upcycle nearly 50,000 tonnes of waste annually. The expansion is expected to create about 100 jobs in Victoria. Great Wrap is pursuing vertical integration to source local waste from a major potato processor and is working on collection solutions with Australian industrial composting facilities for pallet wrap end-of-life. Co-founders Jordy and Julia Kay say the equity raise will support product growth, team expansion, R&D and international market launches.

No current team members are available.