Bijak

India - Gurgaon, Haryana

• 20/01/2022
• Series B
• $20,000,000

Founded in April 2019, Bijak is a B2B marketplace for suppliers and buyers across India’s Agri value chain. Bijak aims to bridge the information asymmetry and lack of accountability in agricultural commodities trading. Since launch, Bijak has expanded across all the states, 1000+ regions, and 100+ commodities. We currently have a team of 250+ and are growing on a rocket trajectory.

B2B traders, who control 80% of India’s USD 300 Bn Agri value chain, have limited access to technology, information, and credit. Bijak helps these customers/MSMEs discover each other along with the counter party’s rating so that customers can transact with minimal friction by accessing Bijak’s layer of trust & reliability. The suppliers and buyers are not just able to transact or discover each other but are also able to find out meta-data of each other to make a faster & reliable transaction through the application.

The founding team have been entrepreneurs, investment bankers, and venture capitalists across various organizations in the past - J.P.Morgan, Avendus Capital, Rocket Internet, Asia Innovations Group, Transit Capital, ZS Associates, etc. They have led & run start-ups backed by global funds such as Index Ventures, KPCB, Matrix Partners, etc.

Bijak is backed by well renowned global investors, who have invested across unicorns and have taken companies to IPO globally. Bijak has raised ~$33.5 MN (INR 250 Crores) across three rounds from RTP Global, Sequoia Capital, Bertelsmann India, Omidyar Network, Omnivore Partners, Better Capital, Angel List, and Tempo ventures.

Related People

Mahesh JakhotiaCo Founder

India - Gurgaon, Haryana,

# Passionate about building Bijak and Agristack ecosystem

# Worked both as an operator and investor in the past.

As an operator, launched India's #2 monetized content app and India's first EV motorcycle
As a technology investor and banker, raised ~USD 1,000 MN for India's marquee companies

# Apart from my professional life, I am quite keen of Ironman triathlons and long-distance swimming (swam 8 km across Seliger lake; won bronze in 2500m freestyle swimming at BITS sports fest)

LinkedIn https://www.linkedin.com/in/maheshjakhotia/?originalSubdomain=in