Agritech startup Agrostar has announced that it has raised $70 million in Series D funding in a round led by Evolvence, global asset manager Schroders Capital, Hero Enterprise, and UK’s development finance institution CDC.
The round also saw participation from existing investors Aavishkaar Capital, Accel, Bertelsmann, Chiratae Ventures, and Rabo Frontier Ventures. The Raine Group was the exclusive advisor for this transaction. It plans to better tech, scale the platform, and focus on category expansion and wider pan-India penetration.
