AgriVijay announces successful investor exits with 400% returns following 105% YoY growth

New Delhi: AgriVijay, India’s first curated marketplace and Agtech Climate Action Social Enterprise dedicated to Renewable and Green Energy products for farmers and rural households, has announced successful exits for two of the company’s early investors with up to 400% returns.

The investors, AIC JKLU, the incubation arm of JK Lakshmipat University, backed by AIM & NITI Aayog, and angel investor Sanvali Kaushik, made their investments in the startup in 2022, much earlier than the firm’s first major VC round.

The exit of the two investors comes immediately after the firm’s onboarding of two new investors, ABIF IIT Kharagpur and veteran banker Joginder Singh Shekhawat, bringing the total capital raised since 2020 to INR 2.47 crore. The company has also added another feather to its cap by winning the ANIC 2.0 Challenge by AIM & NITI Aayog 2023, through which it will receive INR 1 crore in grant and support to scale Make-in-India renewable energy innovations tailored for smallholder farmers.

Ms. Shobha Chanchlani, Co-founder of AgriVijay, reflects on this journey with quiet pride, saying, “We built AgriVijay with the belief that clean energy shouldn’t be a luxury for rural families. Profitability was never the goal we chased; it was a byproduct of staying honest to our mission and serving farmers the right way.”

Mr. Vimal Panjwani, Founder of AgriVijay, quipped, “In an environment where startups are burning cash to survive, we chose a different path—being frugal, focusing on fundamentals, empowering last-mile entrepreneurs, and earning trust one village at a time. The investor exit validates that approach.”

“Our mission is simple—reduce the farmer’s cost, increase their income, and help rural India transition to renewable energy. Everything else follows from that,” he added.

AgriVijay owes its rise to prominence to robust foundations established with strategic oversight and a long-term approach. The firm has undertaken years of steady, strategic execution and a dedication to solving real problems in rural India. The company has also revealed that it has recorded 105% year-on-year growth, achieved profitability in FY 2024–25, and crossed INR 5 crore in annual revenue, all while remaining deeply grounded in the communities it serves. Furthermore, AgriVijay has enabled clean energy access for 10,350+ rural families across 18 states, 37 districts, and nearly 600 villages. The firm has impacted climate and livelihood indicators such as irrigating 900+ acres using solar, avoiding 124,000+ tonnes of CO2 & GHG emissions, and reducing over 264,000 kg of firewood consumption.

AgriVijay has previously won the SolarX Challenge 2024 by International Solar Alliance, MNRE & Invest India. The firm has also won the Avinya Energy Startup Challenge 2025 by ONGC,FIPI & MoPNG, and been recipient to the NASSCOM SME Inspire Award as well in 2025. The company’s organisational excellence has directly translated into profitable rural impact businesses, ensuring scalability for numerous households. At present, AgriVijay is undertaking pre-Series A discussions, while also receiving acquisition interest. However, the firm is emphasising its focus on expanding its clean energy and climate solutions for farmers.