About Food and Agriculture Tech sector in India
The Food and Agriculture Tech sector in India comprises 14.8K companies, including 1.69K funded companies having collectively raised $24.1B in venture capital money and private equity. Out of these, 381 are Series A+ funded, and 9 have achieved unicorn status.
Food and Agriculture Tech sector in India has seen 147 acquisitions and 24 IPOs.
This sector includes companies providing tech based solutions to the agriculture and food industry.
Food and Agriculture Tech sector is also known as Agrifood Tech or Agriculture and Food Tech.
It includes Companies providing software solutions to the stakeholders in the agriculture and food industry like farmers, food manufacturers, distributors, etc. It also includes companies providing them with tech heavy hardware and advanced and innovative materials. It excludes traditional farming businesses and companies providing services to them. It also excludes food manufacturers and distributors, and offline food and food retail chains.
Top Food and Agriculture Tech Companies in India
There are 14,814 Food and Agriculture Tech startups in India which include Swiggy, Blinkit, Licious, Curefoods, Bigbasket. Out of these, 1,691 startups are funded, with 381 having secured Series A+ funding, and 9 achieving unicorn status.
2026 has seen the creation of 197 Food and Agriculture Tech startups in India. Over the past 10 years, an average of 841 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, IIT Delhi and BITS Pilani.
Here is the list of top Food and Agriculture Tech startups in India
1. Swiggy
Operator of digital platforms facilitating food and grocery delivery services. These platforms connect consumers with restaurants and retail stores to enable the purchase and transport of prepared meals and household goods. The service manages the logistics of order fulfillment and delivery through a network of independent couriers. Users access these services through mobile applications to browse menus and product inventories before placing orders for fulfillment.
Key facts about Swiggy
2. Blinkit
Online retailer of groceries, personal care, and household essential products. It provides a platform to order a wide range of daily essentials. It is a quick-commerce platform that enables customers to order groceries, fruits, vegetables, dairy products, personal care items, household supplies, stationery, and other daily essentials for near-instant delivery.
Key facts about Blinkit
- Founded Year: 2013
- Location: Gurugram (India)
- Stage: Acquired
- Total Funding till date: $757M
- Investors: SoftBank Vision Fund, Tiger Global Management and 23 Others
- Latest Funding Round: Conventional Debt, Mar 11, 2022, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 2 of 1,677 Competitors
3. Licious
Retailer of fresh meat products available for online consumer purchase. This business facilitates the digital procurement of various raw meat items. Customers select products through an online interface for delivery. The operation focuses on the distribution of perishable food goods directly to households.
Key facts about Licious
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Series G
- Total Funding till date: $490M
- Investors: Mayfield, Axis Growth Avenues AIF–I and 67 Others
- Latest Funding Round: Series G, Sep 21, 2023, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 212 Competitors
4. Curefoods
Provider of cloud kitchens and quick-service restaurants. The company utilizes a technological infrastructure that streamlines processes from sourcing ingredients to customer acquisition. Its kitchens are equipped with advanced technology to ensure food safety and hygiene. It uses digital tools to manage multi-brand operations efficiently across platforms different delivery apps. The business model includes both direct-to-consumer sales and brand incubation for scaling food businesses.
Key facts about Curefoods
- Founded Year: 2020
- Location: Bengaluru (India)
- Stage: Series D
- Total Funding till date: $167M
- Investors: Three State Capital, Chiratae Ventures and 58 Others
- Latest Funding Round: Conventional Debt, Mar 24, 2025, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 34 Competitors
5. Bigbasket
Online retailer of grocery, household, beauty, and personal care products. It provides a selection of food items, cleaning supplies, and personal care products. The business offers delivery options with varied time slots. It also provides an express delivery service for immediate needs in select areas.
Key facts about Bigbasket
- Founded Year: 2011
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $943M
- Investors: Helion Venture Partners, Trifecta Capital and 64 Others
- Latest Funding Round: Conventional Debt, Nov 20, 2025, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 3 of 1,677 Competitors
Companies founded year-on-year in the Food and Agriculture Tech sector in India
197 new startups have been founded so far in 2026 in the Food and Agriculture Tech sector in India. 1,776 Food and Agriculture Tech startups in India were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 197 |
2025 | 211 |
2024 | 401 |
2023 | 670 |
2022 | 998 |
2021 | 1,320 |
2020 | 1,776 |
2019 | 1,067 |
2018 | 954 |
2017 | 818 |
Stage-wise distribution of Food and Agriculture Tech sector companies in India
Out of the total 14,814 Food and Agriculture Tech companies in India, 1,691 have secured funding. Among them, 381 have reached Series A or higher, and 262 to Series B or beyond.
Founded - 14,814
Funded - 1,691
Series A+ - 381
Series B+ - 262
Series C+ - 216
Company Stage | No. of companies |
|---|---|
Founded | 14,814 |
Funded | 1,691 |
Series A+ | 381 |
Series B+ | 262 |
Series C+ | 216 |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Funding Trends in the Food and Agriculture Tech sector in India
Total funding year-on-year in the Food and Agriculture Tech sector in India
The Food and Agriculture Tech sector in India saw a total funding of more than $21.9B in the last 10 years. The most amount of funding was in 2021 at more than $4.28B. There has been a total funding of $538M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $538M |
2025 | $2.91B |
2024 | $3.3B |
2023 | $1.17B |
2022 | $3.22B |
2021 | $4.28B |
2020 | $1.89B |
2019 | $1.34B |
2018 | $2.9B |
2017 | $353M |
Recent Funding Rounds in Food and Agriculture Tech in India
In the year 2026, till August 2026, Food and Agriculture Tech companies in India have raised $474M in equity funding across 114 rounds.
In the same period last year (i.e. till August 2025), Food and Agriculture Tech companies in India had raised $746M across 211 rounds.
So, 2026 has seen a 36.42% drop in funding in Food and Agriculture Tech companies in India as compared to 2025.
Here are some recent, important funding rounds in Food and Agriculture Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series D | 6943 | Aug 24, 2026 | ||
Seed | 6927 | Aug 06, 2026 | ||
Series A | 3124 | Aug 05, 2026 | ||
Series A | 7595 | Jul 21, 2026 | ||
Seed | 9582 | Jul 15, 2026 |
Top Investors in Food and Agriculture Tech in India
SOSV is the top investor in Food and Agriculture Tech companies in India based on number of companies invested.
Here are some top investors in Food and Agriculture Tech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
New York City (United States) | ||
Delhi (India) | ||
Mumbai (India) | ||
Bengaluru (India) | ||
Mumbai (India) |
_1583471524200.png?devicePixelRatio=2&height=20&width=20){kind=logo}
M&A activity in Food and Agriculture Tech sector in India
In the year 2026, till June 2026, 4 acquisitions happened in Food and Agriculture Tech sector in India. Last year, in 2025, a total of 13 acquisitions happened in Food and Agriculture Tech sector in India.
Here are some recent, important acquisitions in Food and Agriculture Tech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 12, 2026 | ||
Business Acquisition | Feb 12, 2026 | ||
Business Acquisition | Feb 04, 2026 | ||
Business Acquisition | Jan 04, 2026 | ||
Business Acquisition | Dec 09, 2025 |
Acquisition trends in Food and Agriculture Tech sector in India
Here are the acquisition trends in Food and Agriculture Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 13 |
2024 | 9 |
2023 | 10 |
2022 | 19 |
2021 | 20 |
2020 | 4 |
2019 | 10 |
2018 | 18 |
2017 | 12 |
IPOs in Food and Agriculture Tech in India
In the year 2025, till October 2025, 2 IPOs happened in Food and Agriculture Tech sector in India.
Here are some recent, important IPOs in Food and Agriculture Tech sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 09, 2025 | Bombay Stock Exchange (BSE) | |
Sep 30, 2025 | Bombay Stock Exchange (BSE) | |
Nov 13, 2024 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Sep 27, 2024 | National Stock Exchange (NSE) | |
Nov 01, 2023 | National Stock Exchange (NSE) |
_1583837446768.png?devicePixelRatio=2&height=20&width=20){kind=logo}
_1523011913313.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Colleges which produce the most Food and Agriculture Tech companies in India
Companies founded by alumni from top colleges in the Food and Agriculture Tech in India
Most number of Food and Agriculture Tech startups in India have been founded by alumni from IIT Bombay, IIT Delhi and BITS Pilani.
College | No. of companies |
|---|---|
IIT Bombay | 107 |
IIT Delhi | 99 |
BITS Pilani | 98 |
IIT Kharagpur | 93 |
IIM Ahmedabad | 63 |
IIM Calcutta | 54 |
IIT Madras | 47 |
Indian School of Business | 42 |
IIT Roorkee | 41 |
IIT Kanpur | 35 |
Total funding in Food and Agriculture Tech companies founded by alumni from top colleges in India
In the last 10 years, BITS Pilani graduates' Food and Agriculture Tech companies in India have raised the most funding among top colleges. IIT Kharagpur alumni are second, and IIT Madras alumni are third.
College | Total Funding |
|---|---|
BITS Pilani | $6.17B |
IIT Kharagpur | $5.89B |
IIT Madras | $5.61B |
IIM Calcutta | $5.08B |
IIT Delhi | $4.4B |
Stanford University | $2.66B |
IIT Bombay | $1.72B |
IIM Bangalore | $1.66B |
IIM Ahmedabad | $1.58B |
Indian Institute Of Management–Lucknow | $1.31B |
Top News in Food and Agriculture Tech in India
•
Blinkit facility's license suspended in Mumbai over food safety violationsMoneycontrol•Aug 10, 2026•Blinkit, Zepto, Swiggy
•
True Elements Represents India for Millets in Europe IYOM in 2023Indian Retailer•Aug 04, 2026•True Elements
•
Flipkart to Launch Food Delivery in Bengaluru with Competitive 10-11% CommissionCyberMedia India Online•Aug 03, 2026•Flipkart, Zomato, Swiggy
•
•
BigBasket Founder Hari Menon Reflects on Quick Commerce Pivot and Leadership TransitionOfficeChai•Jun 27, 2026•Bigbasket
•
OZiva Launches New Acne Spot Corrector After Extensive Consumer TestingBusinessFortNight•Jun 26, 2026•OZiva
•
FSSAI seeks explanation from Blinkit after consumer falls ill allegedly after consuming curdMoneycontrol•May 31, 2026•Blinkit
•
•
•
Biofuel Plantation Project to Expand in Regional QueenslandFood & Beverage Industry News•Mar 25, 2026•Nippon Steel, Green Biotech
