AgriVijay announces investor exits with 400% returns following 105% YoY growth
AgriVijay, billed as India’s first curated marketplace and AgTech climate-action social enterprise focused on renewable and green energy solutions for farmers and rural households, has announced successful exits for two of its early investors, delivering up to 400 per cent returns.
The exiting investors—AIC JKLU, the incubation arm of JK Lakshmipat University backed by AIM & NITI Aayog and angel investor Sanvali Kaushik—had invested in 2022, ahead of the startup’s first major venture capital round.
Their exit follows AgriVijay’s onboarding of two new investors, ABIF IIT Kharagpur and veteran banker Joginder Singh Shekhawat, taking the company’s total capital raised since 2020 to ₹2.47 crore.
AgriVijay has also won the ANIC 2.0 Challenge by AIM & NITI Aayog (2023), securing a ₹1 crore grant to scale Make-in-India renewable energy innovations for smallholder farmers.
The company said its growth is anchored in long-term strategy and grassroots impact. AgriVijay reported 105 per cent year-on-year growth, achieved profitability in FY 2024–25 and crossed ₹5 crore in annual revenue, while continuing to focus on rural communities.
Shobha Chanchlani, Co-founder of AgriVijay, said “We built AgriVijay with the belief that clean energy shouldn’t be a luxury for rural families. Profitability was never the goal we chased; it was a byproduct of staying honest to our mission and serving farmers the right way.”
Vimal Panjwani, Founder of AgriVijay, quipped, “In an environment where startups are burning cash to survive, we chose a different path—being frugal, focusing on fundamentals, empowering last-mile entrepreneurs and earning trust one village at a time. The investor exit validates that approach.”
Published on November 25, 2025
