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Agritech startup AgroStar has raised $6.7 million from its existing backers, with Accel India leading the round.
The round also saw participation by Aavishkaar India, Bertelsmann, Evolvence India, Chiratae Ventures and Hero Enterprises.
The company board has passed a resolution to issue 1,45,385 compulsory convertible non-cumulative preference shares at Rs 3,965 each, to raise Rs 57.6 crore, as per filings sourced from business intelligence platform Tofler.
Founded in 2013 by Sitanshu Sheth and Shardul Sheth, the Pune-based company leverages data and…
