AgNext Technologies: Digitizing Quality
Year: 2016 Mohali, Punjab, India
Founders: Taranjeet Singh Bhamra, Sparsh Kaur, Mrigank Sharad, Deepak Jaiswal
Funding: $32.7 million (Series A, April 2025)
Investors: Novo Holdings, Alpha Wave Global, Kalaari Capital, Omnivore, The Hashgraph Group, IKP Knowledge Park, a-IDEA NAARM, Google for Startups, Hyper Accelerator
Introduction
AgNext Technologies is transforming agricultural trade with its cutting-edge deep-tech solutions for food quality assessment. Incubated at IIT Kharagpur, this AgriTech startup tackles one of the most pressing problems in the agri value chain—trust. Through its flagship platform, Qualix, AgNext combines artificial intelligence, IoT, and data science to deliver instant, non-invasive analysis of food commodities in just 30 seconds. Whether it’s grains, spices, milk, or tea, AgNext ensures quality verification is fast, accurate, and transparent. This digital intervention is helping reduce disputes, boost trust among buyers and sellers, and establish standardized grading systems across the food supply chain.
Tackling Agricultural Challenges
In terms of assessing the quality of produce, agriculture is riddled with contradictions. The manual, slow, and frequently subjective nature of traditional testing techniques causes mispricing, late payments, and stakeholder mistrust. Approximately $90 billion in losses are attributed to subpar quality assessment procedures worldwide each year. Farmers lose bargaining power, traders face inefficiencies, and consumers pay for unpredictability in food quality. AgNext directly addresses this by replacing outdated, human-dependent testing with AI-powered, real-time assessment tools. This eliminates guesswork and bias, allowing all stakeholders—from farmers to exporters—to make decisions based on precise, standardized data.
Key Offerings
- Qualix Platform: AI-based solution for instant, non-invasive quality analysis of agri-commodities like grains, spices, milk, and tea.
- Rapid Testing Hardware: Tailored sensors and IoT devices designed for farm gates, warehouses, procurement centers, and processing units.
- Cloud-Based Dashboards: Real-time insights and grading reports to improve transparency in procurement and quality assurance.
- Sector-Specific Solutions: Custom models for FPOs, traders, government procurement agencies, and large agribusinesses.
- Notable Clients: Trusted by major organizations including. NABARD, Olam, Arya Collateral, Goodricke, and more.
- Full-Stack Integration: Solutions that cover procurement, quality checks, data reporting, and compliance—all in one system.
Real Impact
AgNext tackles this head-on by substituting AI-powered, real-time assessment tools for antiquated, human-dependent testing. All parties involved, from farmers to exporters, can now base their decisions on accurate, standardized data since bias and guesswork have been eliminated. As of March 2024, AgNext reported ₹202 crore ($24.4 million) in annual revenue and reached a valuation of $81.8 million, signaling strong adoption and validation in a sector long underserved by technology. With thousands of assessments processed daily, the startup is influencing procurement practices in sectors ranging from cereals to dairy.
Success Story
The collaboration between AgNext and a significant Madhya Pradesh grain procurement organization marked a sea change. Farmers were forced to wait in lengthy lines while their produce was manually graded prior to AgNext’s intervention; this procedure frequently led to disagreements and payment delays. With Qualix deployed at farm gates, the same process was completed within 30 seconds per batch. Farmers now received real-time quality slips and instant payments based on verified data. Disputes dropped by over 80%, and the agency reported a 40% increase in operational efficiency. More importantly, farmers began growing crops more aligned with market quality standards, encouraged by transparent rewards for better produce.
Lessons for Agri-Startups
AgNext’s journey from an IIT incubator to a market leader offers rich insights for aspiring AgriTech entrepreneurs:
- Solve Real Bottlenecks: AgNext chose to address a high-friction pain point—quality testing—that affects everyone in the value chain, from farmer to exporter.
- Speed and Trust Are Linked: Faster processes that also build confidence between parties are more likely to scale.
- Tech for All Touchpoints: The solution works not just for large firms, but also for rural collection centers, creating grassroots impact.
- Focus on Integration: AgNext didn’t stop at scanning; it built a full-stack platform that supports decision-making, reporting, and compliance.
- B2B and Policy Alignment: By working with both private agribusinesses and government bodies like NABARD, AgNext positioned itself as a scalable, system-level solution.
Stay Informed with Focus Agritech
AgNext is a powerful reminder that innovation in agriculture isn’t just about automation—it’s about building trust at scale. As food value chains become more complex and quality-focused, startups like AgNext are leading the charge with transparent, tech-driven tools that benefit farmers and consumers alike. Explore more such stories in our Free Agritech Insights series and sign up for the Focus Agritech newsletter—your window into India’s agricultural transformation.Explore more such stories, insights, and opportunities in the agritech ecosystem.
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