AgroStar is an Indian agri-tech and e-commerce company that helps farmers access high-quality agricultural inputs and agronomy advisory through its digital platform and retail network. The platform offers seeds, fertilizers, crop protection products, and expert guidance tailored to local conditions. With a growing presence across India, AgroStar bridges gaps in the agricultural supply chain and empowers farmers with data-driven recommendations, timely crop support, and transparent pricing.
What Is AgroStar and What Does It Do?
AgroStar, founded in 2013 by Shardul Sheth and Sitanshu Sheth, is an agriculture and retail technology company based in Pune, India.
The company provides a full-stack agri-commerce platform offering agricultural inputs, advisory, diagnostics, and local retail solutions that improve farmer productivity and income.
AgroStar employs between 501-1,000 employees, serving millions of farmers across multiple Indian states.
Its platform integrates agronomy intelligence, last-mile delivery, and a robust retailer network to streamline the agricultural value chain and help farmers make informed decisions.
How Much Funding Has AgroStar Raised?
1. Series A
- Amount Raised: $4 million
- Lead Investors: IDG Ventures India
- Motivation: To build the agri-advisory platform and scale early operations.
2. Series B
- Amount Raised: $10 million
- Lead Investors: Accel India
- Other Participants: IDG Ventures India, Aavishkaar Capital
- Motivation: To expand farmer outreach and strengthen marketplace capabilities.
3. Series C
- Amount Raised: $27 million
- Lead Investor: Bertelsmann India Investments
- Other Participants: Accel, Chiratae Ventures, Aavishkaar Bharat Fund
- Motivation: To grow the retail network and enhance technology capabilities.
4. Series D
- Amount Raised: $70 million
- Lead Investors: Evolvence Capital, Schroders Capital, Hero Enterprise, CDC/British International Investment
- Motivation: To scale the omni-channel agri-distribution ecosystem and deepen agronomy services.
5. Series E
- Amount Raised: $10 million
- Lead Investor: Accel India
- Motivation: To boost digital product innovation and accelerate farmer engagement.
6. Series E Extension
- Amount Raised: $6.7 million
- Lead Investors: Evolvence India, Chiratae Ventures, Hero Enterprise
- Motivation: To expand agri-retail stores, strengthen input supply chains, and enhance India-wide operations.
Total Funding Raised: $127.7 million
Latest Funding Date: April, 2025
Key Investors
1. Accel
- Details: A global venture capital firm backing early and growth-stage technology companies.
- Investment Focus Areas: Consumer tech, agriculture, SaaS, marketplaces.
- Notable Investments: Flipkart, Swiggy, AgroStar, Freshworks.
2. Bertelsmann India Investments
- Details: The investment arm of Bertelsmann in India, focused on high-growth companies.
- Investment Focus Areas: Digital businesses, tech-led consumer platforms.
- Notable Investments: Licious, Shiprocket, AgroStar.
3. IDG Ventures India (now Chiratae Ventures)
- Details: A leading Indian VC fund investing in technology-driven startups.
- Investment Focus Areas: Tech, consumer, healthcare, fintech.
- Notable Investments: Myntra, FirstCry, AgroStar.
4. Aavishkaar Capital
- Details: A pioneer in impact investing focused on emerging markets.
- Investment Focus Areas: Agriculture, financial inclusion, sustainability.
- Notable Investments: Nepra, AgroStar, Milk Mantra.
5. Evolvence India
- Details: A growth capital firm supporting high-potential Indian businesses.
- Investment Focus Areas: Consumer, technology, financial services.
- Notable Investments: Rebel Foods, AgroStar.
6. Hero Enterprise
- Details: A diversified investment group associated with the Hero Group.
- Investment Focus Areas: Consumer, mobility, technology, financial services.
- Notable Investments: Ather Energy, Nykaa, AgroStar.
Where Is AgroStar’s Headquarters?
AgroStar is headquartered in Pune, India, a major hub for agricultural research, technology innovation, and logistics infrastructure. The location gives the company access to agronomy talent, proximity to key farming regions, and a strong ecosystem for scaling agri-supply chain operations.
What’s Next for AgroStar?
AgroStar aims to strengthen its digital advisory ecosystem, expand its agri-retail footprint through thousands of partner stores, and scale its data-driven solutions for farmers. With new capital raised in 2025, the company is set to enhance supply chain efficiency, launch advanced precision-agri tools, and deepen its presence across rural India.
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