Startup Profile

AgroStar

Legal entity: Ulink Agritech Private Limited

Helping farmers win

AgriTech & FoodSeries D+Marketplace· Pune, Maharashtra· Est. 2013Website ↗
AgroStar is a Pune-based agritech company that runs a full-stack platform for Indian farmers, combining AI-driven agronomy advisory, sale of agri-inputs such as seeds, crop protection and crop nutrition, and market linkages for farm produce. It was founded in 2013 by brothers Shardul Sheth and Sitanshu Sheth. The company is backed by investors including Accel, Bertelsmann, Chiratae Ventures, Aavis
Funding raised
₹1245.00 Cr
Total disclosed
Latest valuation
₹2190.00 Cr
Most recent round
Latest revenue
₹747.00 Cr
FY FY24
Employees
—
FY FY24

Founders

  • Shardul Sheth

    Co-founder and CEO of AgroStar. Spent around eight years in the US, including a stint at Best Buy, before returning to India to co-found AgroStar with his brother in 2013.

  • Sitanshu Sheth

    Co-founder of AgroStar and brother of Shardul Sheth. Began his career at KPMG India before co-founding AgroStar in 2013 to work on problems faced by smallholder farmers.

Funding rounds

  1. Series E2025-11-20₹249.00 CrLed by Just Climate
  2. Series D2021-12-07₹581.00 CrLed by Schroders Capital
  3. Series C2019-03-01₹224.10 CrLed by Bertelsmann India Investments
  4. Series B2017-03-07₹83.00 CrLed by Accel Partners
  5. Series A2015-08-13₹33.20 CrLed by IDG Ventures India

Financials

MCA / self-reported
Fiscal yearRevenueProfit / (Loss)Employees
FY24₹747.00 Cr(₹327.00 Cr)—
FY25₹853.00 Cr(₹143.50 Cr)—

The full story

Rich-text rendering of long_story is wired in the design pass.

Timeline

  1. 2025-11$30 million round led by Just Climate — Raised about $30 million led by Just Climate (established by Generation Investment Management) at a roughly flat valuation of about Rs 2,190 crore (~$250 million); founders' combined stake fell to about 7.8%.
  2. 2025FY25 revenue crosses Rs 850 crore with losses cut 56% — Consolidated operating revenue rose about 14% to roughly Rs 853 crore in FY25 while net loss fell about 56% to roughly Rs 143.5 crore.
  3. 2021-12Series D round of $70 million — Raised $70 million in Series D from Schroders Capital, Hero Enterprise, CDC Group, Evolvence and existing investors. A May 2022 tranche valued the company at about $235 million (Rs 1,800 crore).
  4. 2019-03Series C round of about $27 million — Raised roughly $27 million in Series C led by Bertelsmann India Investments with Accel, Chiratae Ventures, Aavishkaar and Rabo Frontier Ventures.
  5. 2017-03Series B round of $10 million — Raised $10 million in Series B led by Accel Partners.
  6. 2015-08Series A round of $4 million — Raised $4 million led by IDG Ventures India with participation from Aavishkaar to expand operations beyond Gujarat and Maharashtra.
  7. 2013AgroStar founded — Brothers Shardul Sheth and Sitanshu Sheth founded AgroStar to serve smallholder Indian farmers, starting in Mumbai and later moving to Pune.

Data sources

  • seed-list + Wikidata↗ · last fetched 2026-05-28
  • Wikidata↗ · last fetched 2026-05-28
  • favicon↗ · last fetched 2026-05-31
  • Entrackr - FY25 financials↗ · last fetched 2026-06-01
  • Entrackr - Series E valuation and founders' stake↗ · last fetched 2026-06-01
  • Entrackr - $30M Just Climate round↗ · last fetched 2026-06-01
  • Just Climate - $30M round press release↗ · last fetched 2026-06-01
  • Inc42 - $70M Series D↗ · last fetched 2026-06-01
  • Entrackr - Series D round↗ · last fetched 2026-06-01
  • Entrackr - Series D final tranche valuation May 2022↗ · last fetched 2026-06-01
  • YourStory - Series A $4M↗ · last fetched 2026-06-01
  • YourStory - Series B $10M↗ · last fetched 2026-06-01
  • YourStory - founders and company profile↗ · last fetched 2026-06-01
Updated 2026-06-01