AgriVijay has announced the exit of two early investors, delivering returns of up to 400% after three years of backing the clean-energy-focused agritech firm. The exiting investors include AIC JKLU, the incubation centre supported by Atal Innovation Mission and NITI Aayog, and angel investor Sanvali Kaushik, both of whom invested in 2022, before the firm’s first venture capital funding. Their exit follows the company’s addition of two new investors: ABIF IIT Kharagpur and banker Joginder Singh Shekhawat, taking total capital raised since 2020 to Rs 2.47 crore.

AgriVijay Investor Exit

The announcement comes at a time when the company has also earned recognition through the ANIC 2.0 Challenge by Atal Innovation Mission and NITI Aayog. AgriVijay has been selected to receive a grant of Rs 1 crore, along with support to scale renewable energy solutions aimed at small and marginal farmers. The award adds momentum to its vision of delivering climate-focused energy products tailored for agricultural use.

According to the company, the grant is expected to support its product and deployment model, which promotes Make-in-India solutions for clean energy access. The programme funding is intended to help the startup expand its offerings in solar, biogas, electric, and organic technology products specific to rural households.

Clean-Energy Marketplace

AgriVijay identifies itself as a curated marketplace and climate-action social enterprise working in renewable and green energy for rural India. Based in Maharashtra, the company says it offers advisory-based solutions, helping farmers choose appropriate energy technologies based on agricultural needs and waste availability. Its model covers product recommendation, financing, delivery, deployment and operational support at the village level.

The firm claims that its work aims to reduce greenhouse gas emissions while increasing income and savings for farmers. Its services are positioned as an end-to-end ecosystem enabling rural energy transition with measurable environmental benefits. The enterprise aligns its model with global sustainability goals, specifically SDG 5, SDG 7 and SDG 13, which focus on gender equality, clean energy and climate action.

AgriVijay’s growth has been linked to its grassroots approach of working directly with smallholder farmers. It has enabled access to renewable energy solutions for more than 10,350 rural families across 18 states, covering 37 districts and nearly 600 villages, according to the company.

Growth and Profitability

The company reported 105% year-on-year growth and said it achieved profitability in FY 2024–25. It has crossed Rs 5 crore in annual revenue while maintaining its rural-focused distribution model. The firm attributes its growth to field-level execution and the promotion of renewable solutions that lower farming costs and improve income.

Behind this operational strategy, the founders maintain that profitability has emerged as a secondary result of long-term mission-driven work. They state that their approach prioritises clean energy access as a necessity rather than a premium service for rural families. The startup sees investor confidence and exits as confirmation that this strategy can be both socially impactful and financially sustainable in the long term.