Farm e-commerce start-up AgroStar raises $70 mn in Series D from Hero, CDC

The company has over 5 million farmers on its platform across Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, and Uttar Pradesh

Digital farmer network and agri inputs e-commerce platform AgroStar has raised $70 million in its Series D funding round from Evolvence, global asset manager Schroders Capital, Hero Enterprise, and UK’s development finance institution CDC.

The round also saw participation from existing investors Aavishkaar Capital, Accel, Bertelsmann, Chiratae Ventures, and Rabo Frontier Ventures.  

Founded by Sitanshu Sheth and Shardul Sheth, AgroStar leverages data and technology to solve farmers’ problems of access to good quality agri-inputs and bridge the knowledge gap in traditional farming practices. The company has over five million farmers in its platform across the states of Gujarat, Rajasthan, Maharashtra,