Agritech startup AgroStar raises $30 million from Just Climate, others

Agritech startup AgroStar has raised $30 million in a funding round led by the environment-focussed investment firm Just Climate. The round also saw participation from the firm’s existing backers Aavishkaar India, Bertelsmann, Evolvence India, Chiratae Ventures, and Hero Enterprises.

The company will use the funds for omnichannel expansion, product innovation, and developing artificial intelligence capabilities.

Founded in 2013 by Sitanshu and Shardul Sheth, the Pune-based company leverages data and technology to provide quality agri-inputs to…