Integrated agri and food company Nutrifresh has reported revenue of ₹219.3 crore in FY26, up 51 per cent from ₹145.2 crore in FY25 — and disclosed it has secured a ₹90 crore first tranche from the U.S. International Development Finance Corporation (DFC) as part of a proposed ₹400 crore investment package to expand its controlled-environment agriculture infrastructure. It is a rare profitable growth story in startup funding in India.
The Pune-based company, which says it has been profitable every year since its incorporation in 2019, is targeting revenue of ₹400 crore in FY27 as 105 acres of farms near Pune come into production, adding to its 83 operational acres. Alongside its own farms, Nutrifresh and Rural Enhancers Group signed a 1,000-acre smart-agriculture MoU with the Maharashtra government in FY26.
Startup funding in India: agritech that is actually profitable
Co-founder, CEO and Whole-Time Director Sanket Mehta said the company is expanding farming capacity to meet demand for residue-free produce. Co-founder Ganesh Nikam added that the DFC capital will accelerate precision-driven cultivation and strengthen export-oriented supply chains.
Nutrifresh now supplies more than 100 business customers across hotels, restaurants, modern retail and quick commerce — including Swiggy, Zepto, Flipkart Minutes, BigBasket, Reliance Fresh, Nature's Basket, IHCL and Taj SATS. Its produce reaches buyers in 15 Indian states as well as the UAE, the Maldives and Singapore. The company employs over 650 people, with women making up 60% of the workforce.
Why it matters for founders
DFIs like the US DFC write big cheques for infrastructure-heavy, impact-linked models — Nutrifresh's ₹400 crore package shows climate-resilient food systems can attract global patient capital. Profitability since 2019 made the pitch.