AgroStar, an AgriTech platform, has raised $30 million in equity capital from Just Climate, established by Generation Investment Management, with participation from existing investors.
The fresh funds raised will be used to accelerate its national omnichannel expansion, drive new product innovations across both input and output verticals, and invest in AI capabilities.
Founded in 2013 by Sitanshu Sheth and Shardul Sheth, AgroStar is an AgTech company transforming agriculture for farmers across India with an integrated approach: access to agronomy advisory, high-quality, affordable agri-inputs and global market linkages.
AgroStar delivers comprehensive agricultural solutions, including AI-powered real-time agronomy advisory, quality farm inputs and global market access.
The company’s portfolio of 200+ products emphasises sustainable farming, featuring organic alternatives that reduce chemical fertiliser dependency, soil water retention solutions, and high-germination seed varieties.
The company has reached over 10 million farmers through an omnichannel network of over 10,000 retail stores and its direct-to-farmer digital platform. AgroStar’s fresh produce range, Kimaye, is now available in premium supermarkets across 25+ countries, supported by a robust supply chain and consistent quality.
In FY25 alone, AgroStar enabled savings of 276 billion litres of water in Indian farms thanks to improved soil health and water retention, and avoided over 120,000 metric tonnes of CO2 equivalent emissions from reduced use of chemical fertilisers.
AgroStar’s existing investors include Aavishkaar Capital, Accel, Bertelsmann India Investments, British International Investment, Chiratae Ventures, Evolvence India, Hero Enterprise, International Finance Corporation, Just Climate, Rabo Frontier Ventures, and Schroders Capital.
Shardul Sheth, Co-Founder and CEO, AgroStar, said, “Indian agriculture stands at a critical juncture – climate variability and degraded soils threaten our farmers’ livelihoods, the need to address these challenges has never been clearer and more urgent. Partnering with Just Climate brings far more than capital; they bring deep expertise in scaling natural climate solutions and the conviction to back businesses driving real systemic change. With the recent investment, we will accelerate our mission of Helping Farmers Win, with tech-enabled sustainable farming solutions that increase their incomes and profitability. We are privileged to partner with Just Climate, who share our conviction that farmer prosperity and environmental sustainability are mutually reinforcing outcomes.”
Siddarth Shrikanth, Director, Just Climate, said, “Indian agriculture is a key priority for our strategy, both from the perspective of climate and nature action, as well as to ensure a just transition for people. While solutions such as higher quality seeds and biological inputs exist, large gaps in trust, knowledge, and distribution have constrained market adoption among the smallholders that make up the vast majority of Indian agriculture. As our first investment in India from our global Natural Climate Solutions strategy, we are delighted to be backing AgroStar and partnering with founders and existing investors. The company has built a substantial track record as a trusted partner to farmers, and we are looking forward to supporting them as they scale up their presence across India to achieve their goals for carbon abatement, water savings and improved farmer livelihoods.”
Prashanth Prakash, Partner at Accel, said, “We have been with Sitanshu and Shardul from the very start as they reimagined Indian agriculture from the ground up. What they’ve created is remarkable: a deeply trusted omnichannel platform that millions of smallholder farmers turn to for the right advice, quality inputs and fair market access, making farming truly profitable again. AgroStar has stayed the course, patiently forging a full-stack agri enterprise that farmers turn to season after season. Our conviction in the team has only grown stronger over the years as they continue to prove that real, lasting change in Indian agriculture comes from building trust, delivering value and staying rooted in the farmer’s reality.”
