COMPANY INTELLIGENCE PROFILE

KRISHIACHARYA TECHNOLOGIES PRIVATE LIMITED

Bijak (Krishiacharya Technologies Pvt Ltd) is a Gurugram-based B2B agritech platform connecting farmers, traders and buyers to modernize India's agricultural commodity trade.

Active (as of latest filings, verified on Tofler/TheCompanyCheck/Falconebiz)Not listed (unlisted private limited company)RoC-Haryana (some aggregators mislabel as RoC-Delhi; Falconebiz and TheCompanyCheck, the two most detailed sources, both state RoC-Haryana, consistent with the HR CIN block)
AI Overview Generating…

Krishiacharya Technologies Private Limited, operating under the brand Bijak, is a Gurugram-based B2B agritech platform launched on April 4, 2019. It connects farmers, traders, and buyers to streamline India's agricultural commodity trade through various services like grain trading and fresh produce distribution. The company reported a revenue of ₹557.09 crore for FY2024-25, reflecting a decline of approximately 25% year-over-year. It has secured approximately $32-36 million in funding across several rounds.

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Business Overview

  • Krishiacharya Technologies Pvt Ltd is the legal entity behind "Bijak," a B2B agri-commodity trade and agritech platform connecting farmers, traders, wholesalers, food processors and buyers across India's agricultural supply chain.
  • Per its website (bijak.in) it operates four verticals: Bijak Vyapaar (grain trading), Bijak Mandi, fresh produce/mandi distribution, Bijak Global (agri exports), and Just Fresh, D2C produce delivery.
  • DPIIT-recognised startup
  • ~181–282 employees, EPFO/Tracxn estimates, partial. Source: Falconebiz, TheCompanyCheck, bijak.in, Indian Kanoon case description, "operates an online platform by the name of Bijak whereby it connects buyers and sellers of Agricultural Goods".

Sector & Classification

NIC 01100 — Growing of crops/market gardening/horticulture (per CIN); actual operating business is agri-commodity B2B e-commerce/agritech (per Falconebiz "Agriculture and Allied Activities / Support activities to agriculture", TheCompanyCheck "E-Commerce, Online Grocery Platforms", DPIIT-recognised startup)

Directors & Key Management

Directors — source notes

Confirmed (3 sources — Tofler, TheCompanyCheck, Falconebiz): Nikhil Tripathi (DIN 08515323), Nukul Upadhye (DIN 06434470), Jitender Bedwal (DIN 06918301, appointed 2023). Note: Tracxn/press list two additional co-founders — Mahesh Kumar Jakhotia and Daya Rai — who appear as founders/cap-table holders in funding coverage (Entrackr) but were NOT found listed as current statutory directors on any registry aggregator; likely founders/ESOP holders without board seats, or past directors. Flagged as data gap — not confirmed as directors.

GST Registrations

Primary/home-state GSTIN: 06AAHCK5810A1Z1 (Haryana, registered 17/01/2020, Regular scheme, status per KnowYourGST). PAN: AAHCK5810A. KnowYourGST indicates additional registrations across ~4 more states (Madhya Pradesh, Maharashtra, Gujarat, Rajasthan) under the same PAN; one additional GSTIN spotted in search snippets: 27AAHCK5810A1ZX (Maharashtra) — partial/unconfirmed by direct page fetch. Total registration count: "5 states" reported by KnowYourGST but not independently corroborated — treat as partial.

Financials

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Krishiacharya Technologies Private Limited reported a standalone revenue of ₹557.09 Cr for FY2024-25, a decline of approximately 25% from the prior year. The company's net worth decreased by 76.53%, and borrowings fell by 87.67%. Auditor: Walker Chandiok & Co LLP.

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  • FY2024-25, standalone, year ended 31 Mar 2025: Revenue ₹557.09 Cr, down ~25% YoY, TheCompanyCheck, corroborated directionally by Tofler, "total revenue change -24.76%", revenue band ₹500-750 Cr.
  • Implied FY2023-24 revenue ≈ ₹740 Cr, consistent with an independent estimate of ₹740.4 Cr+ FY24, Growjo — lower-reliability source, used only as directional corroboration.
  • EBITDA/PAT/net worth figures are paywalled on both Tofler and TheCompanyCheck, "locked/premium access required", — not obtained.
  • Tofler notes net worth decreased 76.53% and borrowings decreased 87.67% YoY, unverified detail, single source.
  • Auditor: Walker Chandiok & Co LLP, FY2022, Falconebiz, unconfirmed for later years.
  • Last AGM: 28 Nov 2025, TheCompanyCheck, Falconebiz.

Funding History

Total funding raisedreported as ~$32-36M across 4-5 rounds, Inc42: $36.37M as of Jan 2022; Tracxn: $34.5M over 5 rounds from 18 investors — figures conflict slightly, both are aggregator estimates.
Known roundsSeed ~$2.5M, Dec 2019, led by Sequoia Capital India's Surge program and Omidyar Network — AgFunderNews
Series A ~$12M, April 2020, per Entrackr-derived estimate
Series B₹144.2 Cr (~$20M) on 20 Jan 2022, post-money valuation ~₹1,225 Cr (~$163.3M), investors Bertelsmann India (₹98.64 Cr/8.1%), Omidyar Network (₹22.8 Cr/8.1%), RTP Global (₹15.2 Cr), Surge Ventures (₹5.7 Cr/13.8%), Better Capital (₹1.9 Cr) — source: Entrackr, corroborated by KrishiJagran.
Tracxn also lists a further "Series B" event dated 21 Aug 2024, likely an extension/top-up, — round size not obtained.
Key investors overall (Tracxn)Surge, Better Capital, Omnivore, RTP Global, Bertelsmann India, Wellfound.

Shareholding

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As of January 2022, KrishiAcharya Technologies' shareholding comprised founders with ~50.23%, institutional funds at ~40.80%, angels at ~0.14%, and an ESOP pool of ~8.86%. Founder Nukul Upadhye held 23.85%, followed by Mahesh Jakhotia with 13.25%.

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Per Entrackr, as of Jan 2022 Series B close: Founders collectively ~50.23%, Institutional funds ~40.80%, Angels ~0.14%, ESOP pool ~8.86%.
Individual founder stakesNukul Upadhye 23.85%, Mahesh Jakhotia 13.25%, Daya Rai 5.3%, Nikhil Tripathi 5.3%, Jitender Bedwal 2.64%.
Investor stakesSurge 13.8%, Bertelsmann 8.1%, Omidyar 8.1%.
This is a single-source (Entrackr), point-in-time (2022) snapshot — current cap table not obtained
Likely diluted further by the2024 round.

Loans & Charges

Charge holderAmountDetails
TheCompanyCheck reports open charges of₹195.2 Crand satisfied charges of ₹244
with lenders HDFC Bank₹25 Cr
Axis Bank₹15 Cr
  • Conflicting reports: Falconebiz states "no charges registered on assets." 86 Cr
  • Given TheCompanyCheck's figure is specific and itemized by lender while Falconebiz's is a generic flag, the charges are treated as likely present but unresolved — flagged as a source conflict requiring registry confirmation.

Competitive Landscape

  • Named peers in Indian B2B agri-commodity/agritech space, Tracxn, CBInsights, press: DeHaat, large-scale, better funded, full-stack farm services, Ninjacart, large-scale, fresh-produce supply chain, WayCool Foods, large-scale, F&B/agri distribution, Crofarm, mid-scale, fresh produce B2B, SuperZop, mid-scale, grocery/staples B2B, Origo Commodities, established, commodity/warehousing-led.
  • Bijak sits in the mid-to-large agritech B2B trading tier by funding raised (~$34-36M) versus DeHaat/Ninjacart, hundreds of millions raised.

Frequently Asked Questions

What does Krishiacharya Technologies Private Limited do?

Krishiacharya Technologies Private Limited, operating under the brand name 'Bijak', is a B2B agritech platform that connects farmers, traders, and buyers to modernize India's agricultural commodity trade.

When was Krishiacharya Technologies Private Limited incorporated?

Krishiacharya Technologies Private Limited was incorporated on 04 April 2019.

Where is the registered office of Krishiacharya Technologies Private Limited located?

The registered office of Krishiacharya Technologies Private Limited is located at 06th Floor, Delta Tower, Plot No 54, Sector 44, Institutional Area, DLF QE, Gurugram, Haryana to 122002.

What is the CIN of Krishiacharya Technologies Private Limited?

The CIN of Krishiacharya Technologies Private Limited is U01100HR2019PTC079611.

What is the primary GSTIN of Krishiacharya Technologies Private Limited?

The primary GSTIN of Krishiacharya Technologies Private Limited is 06AAHCK5810A1Z1, registered in Haryana.

Sources

Tofler (tofler.in/krishiacharya-technologies-private-limited/company/U01100HR2019PTC079611); TheCompanyCheck (thecompanycheck.com/company/krishiacharya-technologies-private-limited/U01100HR2019PTC079611); Falconebiz (falconebiz.com/company/KRISHIACHARYA-TECHNOLOGIES-PRIVATE-LIMITED-U01100HR2019PTC079611); KnowYourGST (knowyourgst.com/gst-number-search/krishiacharya-technologies-private-limited-06AAHCK5810A1Z1); Indian Kanoon (indiankanoon.org/doc/14247381); Entrackr (entrackr.com/2022/01/exclusive-agritech-startup-bijak-raises-nearly-20-mn-in-series-b); AgFunderNews (agfundernews.com — Bijak seed round); KrishiJagran; Inc42 (inc42.com/company/bijak/funding); Tracxn (tracxn.com — Bijak and Krishiacharya Technologies legal-entity pages, funding/competitor context only); bijak.in (official site, logo/business description).

Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.