Bijak is a B2B trade platform for the agricultural sector in India that enables traders, wholesalers and food processors to keep a ledger of their transactions, access transparent pricing, optimise logistics and improve their working capital cycles.
Bijak brings accountability and transparency in the agricultural value chain through a buyer/seller rating system that’s based on real time transaction data.
Bijak was founded in 2019 by Nukul Upadhyaye, Mahesh Jhakhotia, Daya Rai, Jitender Bedwal, and Nikhil Tripathi. The company is headquartered in Gurgaon, Haryana, India.
Bijak gives buyers and sellers better prices, increased working capital and optimised logistics.
Bijak’s approach of enabling the existing players in the value chain underscores the company’s vision to be a trusted partner of the agriculture commerce community. Its mobile application is available in several languages and is available in states such as Maharashtra, Bihar, Madhya Pradesh and Punjab.
Bijak is backed by Surge Ventures, Omidyar Network, AL Trust, Tempo Ventures, Omnivore Partners and others. The company raised $11.8M in a Series A round on Apr 20, 2020. This brings Bijak's total funding to $14.3M to date.