Friday
March 15
2019

AgroStar raises $27M funding led by Bertelsmann India

By Pratik Bhakta

Pune-based agro-tech startup AgroStar has raised $27 million in Series C funds to scale up operations and strengthen its technology platform.

The funding round was led by Bertelsmann India along with its existing investors Accel, Chirate Ventures and Aavishkar Bharat Fund.

“We intend to invest more in data science and strengthen our technology capabilities so that we can provide better real-time and relevant information to more farmers in the country,” said Shardul Sheth, chief executive officer of AgroStar, which started operations in 2013.

Photo courtesy of Market Development Facility.

Source: Economic Times (link opens in a new window)

Categories
Agriculture, Technology
Tags
agriculture, agtech, data, smallholder farmers, startups, technology