About StarAgri
StarAgri is a company based in Mumbai (India) founded in 2006 by Amit Goyal, Amit Khandelwal, Suresh Goyal, and Amith Agarwal. It operates as a AgriTech Models, Two-Sided Marketplace, and Managed Services. StarAgri has raised $89.94 million across 4 funding rounds from investors including Temasek and IDFC. The company has 1,093 employees as of September 08, 2024. StarAgri offers products and services including Warehousing, Digital Marketplace, Collateral Management, Financing Solutions, and Star Labs. StarAgri operates in a competitive market with competitors including FBN, DeHaat, Farmers Edge, Farmerline and Semaai, among others.
- Headquarter Mumbai, India
- Employees 1093 as on 08 Sep, 2024
- Founders Amit Goyal, Amit Khandelwal, Suresh Goyal, Amith Agarwal
- Stage Minicorn
-
Sectors
Agriculture
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Star Agriwarehousing And Collateral Management Limited
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$85.33 M (USD)81.04as on Mar 31, 2023
-
Net Profit
$3.46 M (USD)136.84as on Mar 31, 2023
-
EBITDA
$6.5 M (USD)29.59as on Mar 31, 2023
-
Total Equity Funding
$89.94 M (USD)
in 4 rounds
-
Latest Funding Round
$3.68 M (USD), Private Equity Round
Feb 03, 2016
-
Investors
Temasek
& 1 more
-
Employee Count
1093
as on Sep 08, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of StarAgri
StarAgri offers a comprehensive portfolio of products and services, including Warehousing, Digital Marketplace, Collateral Management, Financing Solutions, and Star Labs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Storage solutions for agricultural commodities are provided securely.
Online platform for trading agricultural commodities is facilitated.
Warehouse receipts for financing agricultural commodities are issued.
Loans for agricultural stakeholders are offered through subsidiaries.
Quality testing for agricultural commodities is conducted professionally.
Funding Insights of StarAgri
StarAgri has successfully raised a total of $89.94M across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $3.68 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Private Equity Round — $3.7M
-
First Round
First Round
(23 Feb 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Private Equity Round - StarAgri | Valuation | Temasek |
|
| Mar, 2014 | Amount | Series C - StarAgri | Valuation | Temasek |
|
| Oct, 2013 | Amount | Private Equity Round - StarAgri | Valuation | Temasek |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in StarAgri
StarAgri has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Temasek and IDFC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
An investment platform is provided for diverse sectors and geographies.
|
Founded Year | Domain | Location | |
|
Commercial banking services are provided by IDFC in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by StarAgri
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - StarAgri
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Staragri Comparisons
Competitors of StarAgri
StarAgri operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FBN, DeHaat, Farmers Edge, Farmerline and Semaai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of farmers networking platform
|
|
| domain | founded_year | HQ Location |
DeHaat is recognized as an online marketplace for farmers.
|
|
| domain | founded_year | HQ Location |
Precision agriculture solutions and farm data management platforms are provided.
|
|
| domain | founded_year | HQ Location |
Provider of weather information and content marketing services
|
|
| domain | founded_year | HQ Location |
Provider of app-based diversified tech-based services for farmers
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Staragri
Frequently Asked Questions about StarAgri
When was StarAgri founded?
StarAgri was founded in 2006 and raised its 1st funding round 6 years after it was founded.
Where is StarAgri located?
StarAgri is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of StarAgri?
Amith Agarwal is the current CEO of StarAgri. They have also founded this company.
Is StarAgri a funded company?
StarAgri is a funded company, having raised a total of $89.94M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $24.6M, raised on Feb 23, 2012.
How many employees does StarAgri have?
As of Sep 08, 2024, the latest employee count at StarAgri is 1,093.
What is the annual revenue of StarAgri?
Annual revenue of StarAgri is $85.33M as on Mar 31, 2023.
What does StarAgri do?
StarAgri is established as Indias leading agritech company, focusing on transforming the agricultural economy through an integrated ecosystem. Services provided include warehousing, financing solutions, collateral management, and a digital marketplace. Operations span across the agricultural value chain, from pre-plantation to trade facilitation. Advanced technologies such as AI, ML, blockchain, and IoT are utilized to optimize processes. Farmers, agribusinesses, and institutions are empowered through seamless connectivity from farm to market. Sustainability, efficiency, and profitability are prioritized in the agricultural sector. Global food security and financial inclusivity are also addressed through innovative solutions.
Who are the top competitors of StarAgri?
StarAgri's top competitors include FBN, DeHaat and Farmers Edge.
What products or services does StarAgri offer?
StarAgri offers Warehousing, Digital Marketplace, Collateral Management, Financing Solutions, and Star Labs.
What is StarAgri's valuation?
The valuation of StarAgri is $113.68M as of Feb 2016.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.