Debt Debt financing
Farm products processing co Agrizy secures $5-M from SBI, Vivriti Capital, others
Agrizy, an agrifood processing company that claims to empower SME (small and medium enterprise) processors in the agriculture sector, has secured a debt funding of USD 5 million from SBI, Yes Bank, Vivriti Capital, and others.
The funding will enhance Agrizy's technological capabilities, strengthen its processing capabilities, and expand its reach to more agrifood processing SMEs, and large agrifood buyers in domestic and international markets.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: In Apr 22, Agrizy had raised USD 4 M from Ankur Capital, Omnivore Partners and others (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)