Venture Catalysts, Manish Modi and Ness Wadia invests in AgriGator

 Mumbai: Venture Catalysts, India’s first and largest integrated incubator, and accelerator, has recently led an undisclosed investment in AgriGator, a B2B digital supply chain platform. The funding round was led by Manish Modi on behalf of Venture Catalysts and also saw participation from Ness Wadia, who served as the Co-investor. AgriGator is a 100X.VC Nov 2019 funded Portfolio Company.


Ness Wadia


Founded in 2019 by Udit Sangwan and Charu Chaturvedi, AgriGator aims to provide a one-stop solution to the inefficiencies in the agricultural supply chain market by facilitating trade and logistics service between buyers, sellers, and carrier providers in return for a small commission on every transaction. After buying from farmers, traders have traditionally depended on distributors or brokers to transport their grains from farms to mandis across states. Due to the high fees demanded by the brokers for arranging on-the-spot transportation, small scale traders and industries are forced to take loans. This is the exact need-gap AgriGator aims to address.


AgriGator simplifies the whole process by providing a single click solution for finding trucks with a turnaround time of 15 minutes, hence eliminating the middleman and ensuring more transparency in the process. With more than 2000 truck drivers’ onboard and more than 500 traders and Industries, the platform only charges a commission of 3-5% per truck shipment. It also provides timely payments, diesel discounts, priority loans, and fuel benefits to truckers which help them save 10-12%on costs.


Speaking on the investment, Udit Sangwan, Founder – AgriGator, said, “Indian agriculture industry faces a lot of logistics trouble due to the lack of innovation and technological advancement. The capital infusion would help AgriGator improve on its technology and hence provide better logistics services for our consumers. With Venture Catalysts’ support and belief in our vision, we will aggressively capture the market and scale the business pan-India.”


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