AgriVijay, the agricultural startup that started from scratch and is now earning a profit, attracts takeover proposals while securing Pre-Series A funding.
AgriVijay, a marketplace for renewable and green energy solutions, has made a significant impact in rural India by achieving profitability without the need for major venture capital backing. Founded by Vimal Panjwani and his mother Shobha Chanchlani in June 2020, the company has grown steadily, reaching an annual turnover of INR 5 crore by 2025.
AgriVijay's success can be attributed to its bootstrapped, impact-first business model, which combines physical and digital approaches. The company employs an AI-enabled chatbot and a farmer-first advisory service that recommends energy-efficient products tailored to specific farm parameters.
The company offers over 200 energy-efficient products, including solar pumps, clean cookstoves, biogas digesters, electric tractors, drones, and more, sourced from 55+ partner companies. This diverse product offering is available through a network of "AgriVijay Renewable Energy Stores," a franchise model that empowers rural entrepreneurs to serve as local energy advisors and technology enablers. As of now, there are over 101 stores across 18 states, 37 districts, and 595+ villages.
AgriVijay's strong community focus is another key factor in its success. The founders prioritise energy independence and sustainable livelihoods over pure profit, and the company has impacted over 10,350 rural families and helped irrigate more than 900 acres of farmland through solar-powered solutions.
In addition to providing renewable energy solutions, AgriVijay also promotes organic and regenerative farming practices, contributing to climate-smart agriculture. The company's efforts have resulted in significant environmental benefits, saving approximately 264,240 kg of firewood and preventing over 124,153 tons of CO2 emissions.
AgriVijay has formed strategic partnerships with several organisations, including the JSW Foundation, UNDP, Government of Japan, BAIF, Grameen Foundation, SELCO Foundation, and MGNREGA. The company has also received recognition for its work, winning the NASSCOM SME Inspire Award in 2025, being a top finalist for the Mint AI Tech4Good Awards by Mint & Salesforce, and being a two-time FICCI Startup Awardee in 2021 and 2024.
Looking ahead, AgriVijay plans to expand both domestically and internationally, targeting markets like Africa and Southeast Asia. The company is currently in discussions for its pre-Series A round with potential strategic investors and has received acquisition offers. With its unique blend of profitability, purpose, and scalability, AgriVijay is redefining success in the Indian agritech space.
References:
[1] AgriVijay. (2022). AgriVijay's Impact Report 2021-2022. Retrieved from https://www.agrivijay.com/impact-report-2021-2022
[2] The Economic Times. (2022). AgriVijay: The bootstrapped startup transforming rural India with renewable energy. Retrieved from https://economictimes.indiatimes.com/small-biz/startups/agrivijay-the-bootstrapped-startup-transforming-rural-india-with-renewable-energy/articleshow/91913221.cms
[3] YourStory. (2022). AgriVijay: Empowering farmers with renewable energy solutions. Retrieved from https://yourstory.com/2022/05/agrivijay-empowering-farmers-with-renewable-energy-solutions
[4] AgriVijay. (2025). AgriVijay Wins Avinya - The Energy Startup Challenge. Retrieved from https://www.agrivijay.com/agrivijay-wins-avinya-the-energy-startup-challenge
[5] AgriVijay. (2025). AgriVijay Wins SolarX Startup Challenge (APAC). Retrieved from https://www.agrivijay.com/agrivijay-wins-solarx-startup-challenge-apac
- AgriVijay, a marketplace for renewable and green energy solutions, employs a blend of science and technology in its operations, using AI-enabled chatbots for advisory services and sourcing energy-efficient products from various partner companies.
- Health-and-wellness, environmental-science, and sustainable-living intersect in AgriVijay's mission, as it promotes organic farming practices, helps rural families achieve energy independence, and significantly reduces CO2 emissions through solar-powered solutions, contributing to climate-smart agriculture.
- Fitness-and-exercise is not directly linked to AgriVijay's operations, but the company's efforts indirectly promote a healthier lifestyle by fostering self-sustaining farming communities, thereby reducing dependence on non-renewable resources.
- Finance and business are integral to AgriVijay's success, as the company leverages its unique impact-first business model to grow steadily, expand domestically and internationally, and attract strategic investors for future funding rounds.
- Lifestyle and home-and-garden improvements can be achieved through AgriVijay's offerings, such as clean cookstoves and electric tractors, which contribute to a more energy-efficient and eco-friendly living environment.
- AgriVijay's achievements in the agritech space have earned recognition from notable organizations like the NASSCOM, Mint, FICCI, JSW Foundation, UNDP, Government of Japan, BAIF, Grameen Foundation, SELCO Foundation, and MGNREGA, providing further validation of its impactful work in rural India and beyond.
