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, and has expanded across 22 states, 400 regions.
Bijak's B2B agricultural trade platform that allows traders, wholesalers and processors to keep a record of their transactions. The platform aims to bridge the information gap and lack of accountability in the agricultural commodities trade.
Bijak provides users a platform with optimised logistics solutions and claims that the platform provides buyers and sellers better prices, increased working capital.
Bijak is backed by Sequoia's Surge Ventures, Bertelsmann, Omidyar Network India, RTP Global Advisors, AL Trust, Tempo Ventures, Omnivore Partners, and others. The company raised Rs 143.92 crore ($19.4M) as part of its Series B on Jan 20, 2022. This brings Bijak's total funding to $33.7M to date.