# Agraga

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agraga

- Industry: Logistics & Distribution
- Headquarters: Mumbai, India
- Website: www.agraga.com
- Total disclosed funding: $8.4M
- Latest round: Series A (May 16, 2023)
- Investors on record: 2

## About

Based in Tamil Nadu, India, and co-founded by Venkatesh Narayanaswamy (CEO) and Anoop Raghavan (Director) in 2021, Virya Logistics Technologies Private Limited doing business as Agraga, operates as a provider of logistics solutions for ocean, air, rail, and road freight. In May 2023, the firm raised INR 700 million in series A funding led by investor IvyCap Ventures, with participation from another investor Alteria Capital.

The company offers a logistics platform and end-to-end cross-border supply chain solutions that aims to transcend traditional logistics and optimize supply chain operations, making it easy for businesses to streamline their processes and achieve efficiency. Agraga's digital platform brings all supply chain processes under one roof, offering ocean freight, air freight, rail freight, road freight, trade finance, freight finance, and insurance services. The company provides seamless digital integrations that enable customers to easily choose carriers, make bookings, and process orders with a few clicks. The firm also offers flexible pricing solutions, including spot, short-term, and long-term offerings, to optimize costs and accommodate varying business requirements as well as provides 360-degree logistical solutions with global access to multiple parts across the globe.

The company plans to utilize its May 2023 funding to support its expansion across India.

## Funding rounds

- Series A, May 16, 2023, $8.4M — IvyCap Ventures Group, Alteria Capital

## Investors

- IvyCap Ventures Group (https://capitalatlas.ai/funds/ivycap-ventures-group) — Series A
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series A
