Agrostar’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Ulink Agritech Private Limited | CIN: U51900PN2008PTC157070
AgroStar, founded in 2010 by Shardul Sheth and Sitanshu Sheth, is a pioneering agri-tech platform focused on empowering farmers in India. It provides farmers with access to quality agricultural inputs, expert agronomy advice, and transparent pricing through a robust digital platform. With operations across multiple Indian states, AgroStar bridges the rural supply chain gap and improves productivity for millions of smallholder farmers. Backed by marquee investors like Accel, Aavishkaar, Bertelsmann, and Hero Enterprise, AgroStar is transforming agri-retail in India and enabling tech-led farming solutions at scale.
| Founded | 2010 |
|---|---|
| Headquarters | Pune, India |
| Valuation | ~$250 million |
| Annual Revenue (FY24 est.) | ₹215 Cr |
| Net Loss (FY24 est.) | ₹35 Cr |
| Employees | ~900 |
| Round | Year | Amount | Investors |
|---|---|---|---|
| Series A | 2015 | $4 million | Accel Partners, Aavishkaar |
| Series B | 2017 | $10 million | Bertelsmann, IDG Ventures |
| Series C | 2020 | $27 million | Accel, Bertelsmann, Hero Enterprise |
| Series D | 2021 | $40 million | Evolvence, CDC Group, existing investors |
AgroStar has demonstrated consistent revenue growth driven by digital agri-commerce, advisory services, and tech-led input distribution. While net losses persist, the company has narrowed them through improved scale.
EBITDA margins remain negative due to high operational and logistics costs, though improving with better scale and vendor partnerships.
The workforce grew steadily as AgroStar expanded across regions and scaled both on-ground and digital agri-advisory teams.
- Expansion across India’s major agri-states with vernacular support
- AI-led agronomy services and yield forecasting
- Marketplace integration for B2B agri-retailers
- Improved logistics and last-mile delivery via tech
AgroStar launched a new farmer education app, raised fresh Series D funding, and partnered with state governments to improve rural agri-access and sustainable farming practices.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹215 Cr – Strong rural market growth and scale benefits |
| Net Loss FY24 | ₹35 Cr – Operating losses narrowing YoY |
| EBITDA Margin | -14% – Improving due to logistics and vendor leverage |
| Valuation | ~$250M – Supported by Series D in 2021 |
| Employees | ~900 – Agri-advisory, logistics, product & support |
AgroStar’s tech-driven agri-retail model is improving farmer livelihoods and solving core rural supply chain issues. Its strong revenue growth, regional presence, and scale potential make it a key player in agri-tech. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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