Agrostar, an agritech firm, has secured $70 million in a Series D round led by Evolvence, global asset manager Schroders Capital, Hero Enterprise, and the UK’s development finance organisation CDC.
AgroStar, founded by Shardul and Sitanshu Sheth, has one mission: “Helping Farmers Win.” It uses data and technology to address farmers’ issues with access to high-quality agri-inputs and to close the knowledge gap created by traditional farming practises.
Over five million farmers in Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, and Uttar Pradesh are served by the agritech startup today.