Liquidity Events

Green energy solutions provider for farmers AgriVijay announces two investor exits with 400% returns

Business Line  

Pune-based AgriVijay , an agri-tech social enterprise providing renewable and green energy solutions to farmers and rural households, has announced exits for two of its early investors, AIC JKLU and angel investor Sanvali Kaushik. These investors, who originally invested in 2022, realized returns of 400%.This development coincides with AgriVijay onboarding two new investors: ABIF IIT Kharagpur and veteran banker Joginder Singh Shekhawat. With these new investments, the company's total capital raised since 2020 has reached INR 2.47 crore. In 2023, AgriVijay also secured an INR 1 crore grant after winning the ANIC 2.0 Challenge by AIM & NITI Aayog, aimed at scaling renewable energy innovations for smallholder farmers.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.