Skip to main content

AgroStar raises 4 million in funding

AgroStar raised 4 mn in a latest funding round from IDG Ventures India along with the participation of its existing investor Aavishkaar

AgroStar, a mobile commerce platform for farmers that sells agricultural inputs on “direct-to-farmer” basis, has raised $4 million in a latest funding round from IDG Ventures India along with the participation of its existing investor Aavishkaar.

The company is currently operating in only four states of India – Gujarat, Maharashtra, Rajasthan and Madhya Pradesh. But, with the new cash coming in, it is now planning to expand its operations to other 3-4 states of India. It is also looking to strengthen its team in technology and leadership.

AgroStar was founded by Sitanshu Sheth and Shardul Sheth with an aim to transform agri-business for farmers in rural India. Through its platform, farmers can buy seeds, nutrients, crop protection, as well as hardware products related to farming. For this, the company has tied up with many national and international companies.
 

Votes with an average with
For more updates, be socially connected with us on
WhatsApp, LinkedIn, Twitter, Instagram, Facebook & Youtube

Related Story

Dr. SM Swaminathan gives 5-point action plan to make India nutrition secure
Dr. MS Swaminathan gives 5-point action plan to make India nutrition secure

At the launch of Bharatiya Poshan Krishi Kosh (BPKK), launched by Union Ministry of Women and Child Development (WCD) in association with Bill & Melinda Gates Foundation in New Delhi today,…

India to host the 8th International Conference on Agricultural Statistics
India to host 8th International Conference on Agricultural Statistics

Union Ministry of Agriculture is going to organise the 8th International Conference on Agricultural Statistics (ICAS-VIII) in New Delhi from 18 to 21 November 2019. The conference will be…

Plant genetic resources conservation is shared responsibility of humanity
‘Plant genetic resources conservation is shared responsibility of humanity’

Conservation of plant genetic resources is the shared responsibility of humanity, India’s Agriculture Minister, Narendra Singh Tomar said while addressing the eighth session of the Governing Body…

The website encountered an unexpected error. Please try again later.