About the Company
AgriVijay, founded in 2020 by Vimal Panjwani and Shobha Chanchlani, is India’s first curated marketplace offering renewable energy products tailored for farmers and rural households. Headquartered in Pune, Maharashtra, the company provides a comprehensive range of solutions in solar, biogas, thermal, wind, and electric energy. AgriVijay’s mission is to empower the agricultural sector by promoting sustainable energy practices, thereby enhancing savings, increasing income, and contributing to climate change mitigation.
Business Model
AgriVijay operates through the following key business segments:
a) Renewable Energy Products
- Description: Offers a diverse portfolio of renewable energy solutions, including solar panels, biogas plants, wind turbines, and electric equipment, designed to meet the specific needs of the agricultural community.
- Key Clients and Markets: Serves farmers, agribusinesses, and rural households across India, focusing on regions with limited access to conventional energy sources.
b) Technology & Advisory Services
- Description: Provides expert energy advisory services to assess and recommend optimal renewable energy solutions based on individual requirements and available resources.
- Competitive Advantage: Utilizes a consultative approach to ensure that energy solutions are both cost-effective and sustainable, leading to increased adoption and customer satisfaction.
c) Revenue Streams
AgriVijay generates revenue through:
- Product Sales: Direct sales of renewable energy equipment and systems.
- Consultation Services: Offering expert advice and planning for the implementation of renewable energy projects.
- Subscription & Maintenance: Providing ongoing support and maintenance services to ensure the longevity and efficiency of installed systems.
What Problem is the Startup Addressing?
AgriVijay addresses the critical challenges of energy inefficiency and high operational costs in India’s agricultural sector by:
- Sustainable Energy Solutions: Promoting the adoption of renewable energy sources such as solar and biogas to reduce reliance on fossil fuels.
- Cost-Effective Power Supply: Offering affordable energy alternatives that decrease operational expenses for farmers and rural businesses.
- Farmer Empowerment: Enhancing the economic well-being of farmers by increasing savings and providing additional income streams through sustainable practices.
By implementing these solutions, AgriVijay contributes to a more resilient and environmentally friendly agricultural industry.
Key Financial Numbers
- Total Funding Raised: $115,000 over two rounds from 17 investors, including HDFC Bank and NABARD. citeturn0search3
- Latest Funding Round: $115,000 on March 26, 2022. citeturn0search3
Note: Specific revenue, profitability, growth rate, and market valuation figures are not publicly disclosed.
About the Founders
Vimal Panjwani – Founder & CEO
- Education: B.Tech and MBA in Agribusiness Management from Symbiosis Institute of International Business (SIIB), Pune.
- Professional Background: Over a decade of experience in agribusiness sales and rural development, having worked with organizations such as Sistema.bio, Ugaoo, AgriBolo, ICICI Bank, Dharma Life, Sony Pictures Networks India, and Bisleri International. citeturn0search14
- Role in Company: Leads strategic planning, business development, and oversees overall operations.
Shobha Chanchlani – Co-Founder & Director
- Professional Background: Co-founder and Director at AgriVijay, contributing to the company’s strategic direction and growth. citeturn0search8
- Role in Company: Focuses on strategic partnerships, marketing initiatives, and operational management.
