Krishiacharya technologies Pvt. Ltd. (Bijak)

A B2B data driven platform that gives buyers and sellers in agriculture space through our proprietary AI based rating mechanism


Incubated since: 2019   HQ:    Sector: Agriculture      Sub-sector: Agri-Tech

The Entrepreneur

Nukul comes from a farming family and was the head of strategy at an Agri-Tech firm. He has worked for J.P. Morgan, Rocket Internet and Everest Group Consulting in the past. He completed his engineering from BITS-Pilani and MBA from Darden School of Business, University of Virginia.

The Challenge

Accountability :- High friction for transacting across Mandi’s (LA from one statedoesn’t sell across a lucrative CA in another state or other region) isdue to social trust.A supplier usually works with just4-5 buyers that he trusts. The trust deficit prevents free tradeand inhibits competition. This alsonecessitates multiple middlemen who bridge the trust gap?

Credit crunch:- Traders with better revenues have more elastic Demand for credit working capital credit would help them multiply their business as they can source more produce from suppliers by paying upfront.CAs cannot avail cash discounts from LAs due to unavailability of cash for upfront payments.CAs sell their good forward at significant discount against instant payment from retailer to manage credit cycle.

Wastage are the big issues:- Due to un-reliability of suppliersand their departure of goods,buyers tend to buy in excess tomanage their inventory 10-15% of this excess supply tends to go waste on a daily basis if the buyer is assured that he gets supply on a timely basis, we can prevent this wastage in the industry


The Solution

NETWORK:- Access to the largest network of verified buyers and sellers with accurate price data

RATINGS:- Buyer and seller ratings to bring accountability, incentivise good behaviour and address trust deficit

CREDIT:- Quick and real time disbursal of loans to buyers, enabling immediate payment to suppliers

PAYMENTS :- Fast, safe and reliable method to manage large value transactions

LOGISTICS:- Optimised &aggregated logistics based on real-time transaction data and commodity flow


Bijak solution impacting the B2B ecosystem by solving the deep rooted problems in Agri space with the help of technology