From Bootstrapped to Profitable: AgriVijay Attracts Acquisition Offers While Raising PreSeries A
Introduction: A Rare Milestone in Agritech In an inspiring success story for India’s agritech and climate-tech sectors, AgriVijay , the country’s first marketplace dedicated to renewable and green energy solutions for farmers, has become one of the very few agri-climate tech startups to achieve profitability. What makes this achievement stand out is the absence of major venture capital funding — instead, the company relied on grassroots innovation, community-driven operations, and a sharp focus on sustainable impact. Founding Story: Built During the Pandemic Founded in June 2020 by Vimal Panjwani and his mother Shobha Chanchlani , AgriVijay was born from a shared vision to empower farmers, reduce reliance on fossil fuels, and promote sustainable farming practices. The mission was to make clean and green energy products available, accessible, and affordable , aligning with the United Nations Sustainable Development Goals (UN SDGs) . According to Vimal, “Profitability was never ...