iFarmer

About iFarmer

iFarmer is an agri-fintech and supply-chain platform built to give smallholder farmers in Bangladesh access to financing and reliable markets. Fahad Ifaz co-founded the company in 2018 alongside Jamil M Akbar, who serves as Co-founder and COO, bringing close to a decade of development-sector experience rather than a traditional startup background to how the platform was designed.

The company has raised more than two million dollars to expand that model, capital that has let iFarmer deepen its presence in specific crop and livestock categories rather than spreading across the entire agriculture sector at once.

A Decade in Development Work Before Founding

Before starting iFarmer, Fahad Ifaz spent close to ten years in market systems and private sector-led development, designing and managing multimillion-dollar projects across South Asia with organizations including the World Bank, CARE International, Swisscontact, and Palladium. That work focused specifically on improving smallholder farmers' access to finance and markets, the exact problem he later built a company around.

He holds a BBA in Economics and International Business and an MSc in International Economics, both from North South University, along with an Agri Business Management degree from the Asian Institute of Technology. He has also completed the Making Markets Work program at the Springfield Centre in the UK and holds certifications from the London School of Economics in Competitive Strategy and Innovation, an academic and professional foundation more common among development economists than startup founders.

Turning Development Experience Into a Company

Fahad Ifaz co-founded iFarmer in 2018 alongside a friend, Jamil M Akbar, who serves as Co-founder and COO. Rather than starting from an academic framework, the company was built directly on the operational lessons Fahad Ifaz had absorbed from years of advisory work inside donor-funded agriculture projects.

That background shaped iFarmer's model: instead of simply lending to farmers, the platform connects individual and institutional sponsors directly to specific farming projects, giving smallholders working capital while giving sponsors visibility into exactly where their money goes.

Building a Farm Financing and Supply Chain Platform

Under Fahad Ifaz's leadership, iFarmer has grown into a platform spanning agriculture financing, input supply, and market access for smallholder farmers across Bangladesh. The company now operates from offices in both Dhaka and Singapore, reflecting its ambition to serve a market that extends beyond Bangladesh's borders.

That dual-office structure, uncommon among Bangladeshi agri-tech startups at a similar stage, has given iFarmer a base for regional expansion alongside its core Bangladesh operations, positioning the company to pursue institutional sponsors and partners beyond its home market.

Scaling With Investor Backing

iFarmer has raised more than two million dollars in funding to expand its farmer financing and supply-chain operations, capital that has supported its growth from an early-stage idea into a multi-year agri-tech platform. That funding has let the company deepen its presence in specific crop and livestock categories rather than spreading thin across every part of Bangladesh's agriculture sector.

Since its 2018 founding, iFarmer has grown to more than 10,000 registered farmers and has managed almost BDT 40 crore worth of farm financing, a scale built gradually through project-by-project sponsorship rather than a single large lending facility.

Where iFarmer Stands Today

Fahad Ifaz continues to lead iFarmer's growth, applying the development-sector discipline of measuring real farmer outcomes to a venture-backed technology company. Employee reviews point to a friendly, supportive office culture as a consistent strength, alongside feedback about limited office space and training resources as the company has scaled quickly.

That development-sector rigor, measuring outcomes for farmers rather than just platform growth metrics, has remained a distinguishing feature of how iFarmer positions itself relative to more purely commercial agri-fintech competitors.

Products

iFarmer's platform centers on farm financing and supply-chain infrastructure rather than a single packaged product.

Farm Financing is iFarmer's core service, connecting individual and institutional sponsors directly to specific farming and livestock projects.

Agricultural Input Supply extends the platform to give smallholder farmers access to quality inputs alongside financing.

Market Access rounds out iFarmer's offering, helping farmers reach reliable buyers for their harvests once financed projects are complete.

Across financing, input supply, and market access, iFarmer's platform reflects the development-sector-informed approach that has defined the company since its 2018 founding, now serving more than 10,000 registered farmers from offices in Dhaka and Singapore.