Forbes India Recognises Agribid as a Key Shaper of India’s Agri-Future in DGEMS 2025
Mumbai (Maharashtra) [India], November 27: Agribid Private Limited, a rapidly scaling agritech marketplace that combines AI, IoT and satellite intelligence to modernise India’s farm-to-market value chain, has been named to the Forbes India DGEMS 2025 Select 200. The recognition spotlights Agribid’s impact in creating a transparent, data-driven commerce network that connects millions of farmers and [...]
Mumbai (Maharashtra) [India], November 27: Agribid Private Limited, a rapidly scaling agritech marketplace that combines AI, IoT and satellite intelligence to modernise India’s farm-to-market value chain, has been named to the Forbes India DGEMS 2025 Select 200. The recognition spotlights Agribid’s impact in creating a transparent, data-driven commerce network that connects millions of farmers and thousands of institutional buyers across domestic and global markets.
Founded in 2020 by agritech veterans Ashutosh Mishra, Manoj Suvarna, Chetan Suvarna and supported by Co-Founder Rahul Suwalka, Agribid has built a hybrid platform that blends AI-powered auctioning, real-time mandi forecasting and IoT-enabled traceability to improve price discovery and market access for smallholders. The company’s Agribid-FPO initiative aggregates supply through Farmer Producer Organisations and PACS, enabling remote producers to list produce online and attract competitive bids from traders and institutional buyers.
Today Agribid claims a broad ecosystem footprint — bridging more than 12 million farmers, 3,000+ FPOs, 25,000+ PACS with 5,500 global buyers and a cumulative GMV north of USD 1 billion, signalling strong market traction and the platform’s role as an enabling arm for organised agricultural trade. These scale metrics underscore why Agribid is considered a marquee agri-platform with global business potential.