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

Sub Category:

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 | Facebook

Related Story

COVID-19: Centre promotes Direct Marketing to decongest agri mandis, Photo: Shutterstock
COVID-19: Centre promotes Direct Marketing to decongest agri mandis

In the wake of maintaining social distancing during the trade of agricultural produce amid COVID-19 pandemic, the Department of Agriculture, Government of India has written to the state…

COVID-19: KVIC procures cocoon from Tamil Nadu farmers
COVID-19: KVIC procures cocoon from Tamil Nadu farmers

At a time when the country is struggling hard with COVID-19 pandemic, Khadi and Village Industries Commission (KVIC), an autonomous body under Ministry of MSME, in collaboration with its Khadi…

FARMING BY SATELLITE launches ideas competition
FARMING BY SATELLITE launches ideas competition

Aimed at young farmers as well as trainees and students, principally in the fields of IT, mechanical engineering and agricultural sciences, European GNSS Agency (GSA) and European Environment…