# AgNext Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agnext-technologies-pvt

- Industry: Agribusiness
- Headquarters: Mohali, India
- Website: www.agnext.in
- Total disclosed funding: $23M
- Latest round: Series A (Aug 19, 2021)
- Investors on record: 3

## About

Based in India, AgNext Technologies Pvt. Ltd. provides innovative technology solutions that focus on quality assessment in the agricultural value chain, enhancing transparency and trust among various stakeholders.AgNext Technologies Pvt. Ltd., founded in 2016 in Mohali, India, specializes in AI-driven quality assessment within agriculture. The company has secured USD 21.00 mn in a Series A round led by Alpha Wave Global, contributing to a total funding of USD 21.00 mn. The founder, Taranjeet Bhamra, who also serves as CEO, has a history of leading innovation in the AgTech sector. The latest funding round occurred on April 7, 2025, expanding their operational capabilities.AgNext offers innovative technology solutions focused on quality assessment within the agricultural value chain. Their core products comprise AI-enabled quality assessment technologies designed to analyze food on-the-spot, delivering results within a mere 30 seconds. This technology serves various stakeholders, including agribusinesses, food warehouses, agriculture procurement centers, and traders, enhancing transparency and trust in food transactions. By providing a full-stack integrated platform, AgNext addresses critical quality estimation needs throughout the supply chain, from inbound assessments to storage and outbound processes. Geographically, AgNext’s solutions cater to markets across Asia and the Middle East, positioning them as a pivotal player in the global AgTech landscape.In 2023, AgNext generated a revenue of USD 48.01 mn, with an EBITDA of USD -2.97 mn. The company operates on a B2B model, establishing strategic partnerships and offering a subscription-based model for its AI-driven quality assessment services, which facilitate improved decision-making in commodity testing.In April 2025, AgNext Technologies Pvt. Ltd. raised funding from Hashgraph Ventures, which will be utilized to support its novel technology offerings for food quality assurance. The company plans to expand its product line and improve existing technologies, targeting new markets in Asia and the Middle East by the end of 2025.

## Funding rounds

- Series A, Aug 19, 2021, $21M — Kalaari Capital, Omnivore, Alpha Wave Global
- Seed, Jan 10, 2019, $1.5M — Kalaari Capital

## Investors

- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Seed, Series A
- Omnivore (https://capitalatlas.ai/funds/omnivore) — Series A
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series A