# SV Agri

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sv-agri

- Industry: Agribusiness
- Headquarters: Pune, India
- Website: www.svagri.co.in
- Total disclosed funding: $5.4M
- Latest round: Series C (Apr 23, 2018)
- Investors on record: 5

## About

SV Agri is a Pune-based company specializing in enhancing the potato supply chain through innovative agricultural products and comprehensive food processing solutions, catering to diverse markets including India and abroad.Founded in 2008, SV Agri focuses on the agricultural sector, primarily dealing in potato seeds and processed food products. The company raised USD 7.5 mn in January 2022 from WayCool Foods and Products Pvt. Ltd. to support its operational growth. Hemant Gaur is the founder, and the company has successfully closed a total of 5 deals to date, aiming to expand its footprint internationally.Siddhi Vinayak Agri Processing Pvt. Ltd. specializes in a comprehensive range of products and services aimed at enhancing the potato supply chain and food engineering sectors. The company's core offerings include high-quality potato seeds, innovative food processing solutions such as potato chips, roasted nuts, and various puffed snacks. Additionally, SV Agri provides advanced storage solutions and supply chain management services that ensure year-round availability of process-grade potatoes to meet market demands. Customers include farmers, food processors, and snack manufacturers across multiple geographical markets, including India, Australia, Canada, South Africa, and various European nations. Through strategic partnerships and an extensive nationwide delivery network, the company addresses the needs of its clients by ensuring better commercial returns and providing advisory and training to stakeholders in the potato value chain.Siddhi Vinayak Agri Processing Pvt. Ltd. generated revenue of USD 18,522,237.90 in 2023. The company reported an EBITDA of USD -365,124.40 for the same year. Revenue is derived from a diverse range of business transactions structured around B2B partnerships, direct sales, and service agreements, including collaborations with leading buyers for bulk orders of potato seeds and processed snack products.In January 2022, SV Agri raised USD 7.5 mn in venture funding from WayCool Foods and Products Pvt. Ltd. The company plans to utilize this funding to expand its existing storage network across India and into international markets, enhancing its operational capacity and market reach.

## Funding rounds

- Series C, Apr 23, 2018, $0.5M — Lightrock, SIDBI
- Series B, Sep 8, 2015, $3.8M — Lok Capital, Lightrock
- Series A, Jul 9, 2011, $1.1M — Soros Economic Development Fund, Lightrock, Omidyar Network

## Investors

- Soros Economic Development Fund — Series A
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series A, Series B, Series C
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A
- Lok Capital (https://capitalatlas.ai/funds/lok-capital) — Series B
- SIDBI (https://capitalatlas.ai/funds/sidbi) — Series C
