Agritech Funding News

India’s AgroStar secures $30m to invest in AI tools


Climate-Focused Funding Powers Omnichannel Expansion And Sustainable Farming Tech

Pune-based agritech platform AgroStar has raised $30 million (₹266 Cr) in equity funding led by Just Climate, the natural climate solutions arm of Generation Investment Management, with participation from existing investors including Aavishkaar Capital, Accel, Bertelsmann India Investments, Chiratae Ventures, Evolvence India, Hero Enterprises, and British International Investment. This marks AgroStar’s first major fundraise in nearly four years, bringing total capital raised to over $140 million.​

AI-Driven Advisory For 10 Mn+ Farmers

Founded in 2013 by brothers Sitanshu and Shardul Sheth, AgroStar operates an omnichannel platform blending AI-powered real-time agronomy advisory, high-quality inputs, and market linkages for over 10 million smallholder farmers across 11 states. Its network spans 10,000+ retail stores alongside a digital app, delivering personalized crop insights, soil management tools, and 200+ branded products emphasizing biologicals, climate-smart seeds, and water retention solutions.​

The platform reports 81% of users achieving higher yields, 53% reducing cultivation costs, and significant environmental gains like water savings and emission reductions in FY25. AgroStar’s fresh produce brand Kimaye exports to 25+ countries, supported by robust supply chains.​

Scaling Sustainability And National Reach

Proceeds will accelerate nationwide expansion, innovate climate-resilient inputs/outputs, and bolster AI for predictive advisory and crop management amid rising climate pressures like erratic monsoons and soil degradation. CEO Shardul Sheth stated the funding advances “sustainable, tech-enabled solutions that improve incomes and profitability,” aligning farmer prosperity with environmental goals.​

Just Climate’s Siddarth Shrikanth praised AgroStar’s track record in climate/nature action and just transitions for smallholders. In a competitive agritech landscape with DeHaat and Ninjacart, AgroStar’s hybrid model positions it for scaled impact as India’s $400 Bn agriculture sector embraces AI and sustainability.

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