Startup Agrizy Aims 67 PC Revenue Growth to About Rs 900 Cr in FY27

New Delhi: Startup Agrizy, a contract, research, development and manufacturing organisation (CRDMO), is targeting a 67 per cent growth in revenue this fiscal to around Rs 900 crore, as it looks to expand business in India and enter global markets.

Founded in 2021 by Vicky Dodani and Saket Chirania, Agrizy is a Series A-funded tech-led CRDMO for global food & beverage (F&B) and wellness brands.

The company has raised nearly USD 12 million so far from investors, including Accion, Ankur Capital, Capria Ventures, Omnivore, and Thai Wah Ventures.

Dodani said the company’s revenue grew about 55 per cent last fiscal from Rs 350 crore in the preceding year.

“Building on this momentum, the company is targeting 1.6 times revenue growth in 2026–27 and is aiming for Rs 800-900 crore revenue, with a strong focus on its R&D capabilities, technology and international expansion,” he told PTI.

Agrizy helps F&B and wellness brands in research and formulation, sourcing ingredients and also manufacturing of products. It brings AI into the innovation process and pairs this with a network of vetted manufacturing partners, enabling brands to launch their products in a very short time.

Vicky Dodani, cofounder and CEO of Agrizy, said, “This past year’s numbers really come down to brands placing more confidence in us and in the idea that a tech-first approach to product development and manufacturing actually works”.

Going forward, he said, the company would focus on going deeper into R&D, sharpening technology and building an international sales and distribution network for exports.

Agrizy is also looking to raise funds, which will be used for expansion and growth.

The company recently revamped its labs, strengthening its capabilities across rapidly growing segments including functional beverages, gut-health products, sports nutrition, clean-label and plant-based nutrition, personalised nutrition and healthy snacking.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)