Shailesh Mahato

Online travel aggregator (OTA) Q4FY25 results 1. Ixigo Rev - Rs 284 Cr Profit - Rs 17 Cr 2. Yatra Rev - Rs 219 cr Profit - Rs 15 Cr 3. EaseMyTrip Rev - Rs 139 Cr Profit - Rs 12 Cr For more details @entrackr

As per @TheKredible data, Walmart-backed Ninjacart topping the list with over $370 Mn raised. For more details @entrackr #Agritech #Funding #report entrackr.com/report/agritec…

Agritech startups account for only 2% of venture funding since 2020 =>Agritech funding plummeted 78% to $178 Mn in 2023. Despite a 30% uptick in 2024, the momentum faded, with funding dropping to just $96 Mn in H1 2025. (🧵)

Go Digit’s revenue declines 17% in Q1 FY26, profit soars 46% ✍️ @priyans_x entrackr.com/fintrackr/go-d…

Mobile app testing platform Drizz raises $2.7 Mn led by Stellaris entrackr.com/snippets/mobil…

🚨 Paid via UPI in Kathmandu, Nepal 🇳🇵 ₹100 = 160 NPR is The Standard Rate Works Everywhere in Nepal with FonePay QRs No Extra Bank Fee or Transaction Charges Happy To See UPI Being Accepted International

Read more at @entrackr entrackr.com/report/agritec…

🚨 India's Agritech sector: From boom to bust? Between 2020–2022, startups like Ninjacart, DeHaat & WayCool neared unicorn status. But post-2022, funding plunged 78%, with just $96M raised in H1 2025. $2B+ raised by 160+ startups since 2020 = only 2% of total VC inflow.

Genexis Biotech raises Rs 4 Cr in seed round led by GVFL entrackr.com/snippets/genex…

𝗧𝗵𝗲𝗞𝗿𝗲𝗱𝗶𝗯𝗹𝗲: 𝗪𝗲𝗲𝗸-𝗼𝗻-𝗪𝗲𝗲𝗸 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 𝗧𝗿𝗲𝗻𝗱 Startup funding bounced back after two sluggish weeks, doubling to $202.79 Mn from $97.45 Mn the previous week. Get the complete report: thekredible.com/reports/detail…

Over 160 agritech startups in India have raised over $2 Bn since Jan 2020, making up just 2% of the $107 Bn total VC inflow. This highlights a stark contrast with high-growth sectors like fintech, SaaS, e-commerce, healthtech, and edtech.

VerSe Innovation appoints Rohit Sandal as CHRO entrackr.com/snippets/verse…

🚜 Data seeding some reality 🌾 Since 2020, agritech startups have bagged just 2% of the $107 Bn venture funding pie, about $2 Bn. Breakup: • Deals: 246 • Late-stage deals: 60 • Shutdowns: 5 • Top 3: Ninjacart, DeHaat, Waycool 2022 was highest funding year for agritech.

Navi Technologies has raised Rs 170 Cr in a debt funding round led by PhillipCapital For the Financial year ended March 2024, Navi’s revenue from operations rose 37% to Rs 2,290 Cr from Rs 1,667 Cr in FY23 Story by @manchanda_mukul via @entrackr #fund entrackr.com/exclusive/excl…

CarTrade’s revenue from operations grew 22% to Rs 173 Cr in Q1 FY26 in contrast to Rs 142 Cr in Q1 FY25 The company doubled its net profit to Rs 47 Cr in Q1 FY26, from Rs 23 Cr in Q1 FY25 Story by @priyans_x via @entrackr #profit #Q1FY26 entrackr.com/fintrackr/cart…

#Exclusive: Sachin Bansal’s Navi Technologies raises $20 Mn debt ✍️ @manchanda_mukul entrackr.com/exclusive/excl…

CarTrade posts Rs 173 Cr revenue in Q1 FY26, profit jumps 2X YoY entrackr.com/fintrackr/cart…

Too many firms that set out to work with a farm to fork approach pivoted to a more conventional ‘Mandi to fork’ approach, which offers very limited value add, counts on a stagnant middle class base, and for all that, offers little margin for errors. entrackr.com/report/agritec…

Much like the micro-finance sector that is going through its cyclical hiccups linked to political decisions, the Agritech sector has simply failed to scale every time a firm does manage to get investor backing for a good idea.

Revenue wise, most of the top funded platforms are dealing in gross merchandise value (GMV), which essentially represents the total value of goods transacted through the platform.

Despite substantial capital inflow, the agritech sector has not yet produced a single unicorn. For perspective, Ninjacart, Dehaat, and Waycool raised their most recent major equity funding in 2022 at valuations of $815 million, $705 million, and $700 million respectively.