AgroStar Raises $76.7 Million to Empower Indian Farmers with Technology-Driven Solutions
AgroStar Powers Ahead with $179M Raised
Picture a farmer in rural Gujarat, scrolling through an app that not only tells him the best time to plant his crops but also delivers quality seeds to his doorstep and connects him to buyers who pay fairly. This is the world AgroStar is crafting, a Pune-based AgriTech leader that’s changing Indian farming with tech and heart. In April 2025, AgroStar raised $76.7 million, including a $70 million Series D in 2021 led by Evolvence, Schroders Capital, Hero Enterprise, and CDC Group, and a fresh $6.7 million Series E tranche led by Accel India. With backing from Aavishkaar Capital, Bertelsmann India Investments, Chiratae Ventures, Rabo Frontier Ventures, IFC, IDG Ventures, and British International Investment, AgroStar’s total funding hits $179 million at a $293 million valuation. This capital, buzzing on X and LinkedIn, is powering AgroStar’s mission to uplift over 9 million farmers with personalized advice, quality inputs, and market access.
Rooted in Pune, Growing Across India
Founded in 2013 by brothers Sitanshu Sheth and Shardul Sheth, AgroStar calls Pune home, operating across 11 states: Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Uttar Pradesh, Haryana, Punjab, Karnataka, Andhra Pradesh, Telangana, and Tamil Nadu. Its omni channel platform—accessible via a mobile app, missed-call service, and over 1,000 franchisee stores—delivers real-time agronomy tips, seeds, fertilizers, pesticides, and equipment. The 2022 acquisition of INI Farms opened doors to domestic and global markets, boosting farmer incomes. AgroStar’s private-label brands, like seeds and fertilizers, drive over 80% of revenue, ensuring quality and affordability for its 9 million-strong digital farmer network.
Historical Funding Rounds
AgroStar’s 2025 funding news is making waves, with LinkedIn posts and X chatter hailing it as a game-changer for Indian agriculture. The $76.7 million haul, including a $6.7 million Series E tranche in April 2025 led by Accel India and a $70 million Series D in 2021, is fueling big dreams:
- Seed and Early Rounds (2013–2018): Early backing from Aavishkaar Capital and IDG Ventures built AgroStar’s tech and farmer base.
- Series A and B (2018–2019): Funds from Chiratae Ventures and others expanded its omnichannel platform and store network.
- Series C (2019–2020): Investments from Rabo Frontier Ventures and IFC scaled digital advisory and supply chains.
- Series D (2021): A $70 million round led by Evolvence, Schroders Capital, Hero Enterprise, and CDC Group boosted infrastructure and acquisitions like INI Farms.
- Series E Tranche (April 2025): A $6.7 million infusion from Accel India to scale retail stores and AI tools.
- Total Funding: $179 million, powering expansion to 5,000 branded retail stores and enhanced AI-driven advisory.
This capital is accelerating AgroStar’s push to open 5,000 branded retail stores, refine its AI-driven advisory engine, and grow private-label offerings. Its tech, blending data science and partnerships with global brands, has driven a 27% increase in farmer yields, saved 423 billion liters of water, and restored 580 metric tons of organic carbon to soils, per LinkedIn updates from AgroStar’s team.
Real Impact for Farmers
AgroStar’s impact is profound. Its app, with over 5 million downloads, offers tailored crop advice, while its missed-call service reaches farmers without smartphones. The INI Farms acquisition connects farmers to better-paying buyers, boosting incomes by 20–25%. Over 75% of its packhouse workers are women, and AgroStar has created 9,500+ rural micro-entrepreneurship opportunities, earning praise on X for its inclusive approach. “AgroStar is building a farmer-first ecosystem that combines technology, trust, and accessibility,” said CEO Shardul Sheth. “This funding empowers us to scale our platform, deepen market linkages, and drive sustainable growth for millions of farmers.”
In FY25, AgroStar’s revenue is projected to grow 30% from FY24’s INR 1,200 crore (estimated, based on industry reports), driven by its private-label brands and market linkages. Its focus on sustainability—reducing chemical inputs and promoting water-saving techniques—aligns with India’s push for greener farming. Its video content, consumed 10X more in 2021, educates farmers on best practices, making knowledge accessible.
A Bright Future
“AgroStar’s omni channel approach and deep farmer connections are unlocking tremendous value,” said Abhishek Chandra, Managing Director at Evolvence India. “Their full-stack model is poised to dominate the agritech market while creating lasting socio-economic impact.” LinkedIn posts from industry leaders echo this, praising AgroStar’s role in cutting input costs and boosting yields.
AgroStar’s vision is big: reach 15 million farmers by 2028, expand to more southern states, and deepen global market access. Its 1,000+ franchisee stores are community hubs, and plans for 5,000 more will bring quality inputs closer to farmers. Partnerships with global brands ensure top-notch products, while AI tools predict crop needs with precision. AgroStar’s story is about the farmer who plants with confidence, the retailer who thrives on quality, and the consumer enjoying fresher produce. AgroStar’s mission— “Help farmers win through technology and sustainability”—is thriving, one seed at a time, setting a global agritech standard.
Ready to scale your agri startup? Connect with incubators offering funding — Explore Now