StarAgri

What StarAgri does

StarAgri, operating through Star Agriwarehousing and Collateral Management Limited, is India's largest integrated agritech platform, providing end-to-end farm-to-market services across warehousing, financing, digital marketplace, and procurement. Founded in 2006 and headquartered in Mumbai, the company operates over 2,204 scientific warehouses across 18 states with 5.08 million MT of storage capacity, serving 150,000+ stakeholders and 400,000 farmers. Its technology platform combines AI/ML, blockchain, and IoT across multiple proprietary modules including Agribazaar (e-mandi digital marketplace facilitating over $1 billion in trade), Agribhumi (AI/ML-powered remote-sensing farmland profiling), Star Labs (NABL-certified quality testing), and the Warehouse Receipt (WHR) system that underpins collateral management for seven major Indian banks with ₹180 billion in assets under management.

The company monetizes through six interlocking revenue streams: warehousing and storage fees, collateral management services for banks and NBFCs, agricultural lending via its wholly-owned NBFC subsidiary Agriwise Finserv (offering weather, seed, and contract farming financing), transaction fees on the Agribazaar digital marketplace, procurement and trade facilitation for corporates and millers, and agricultural exports. Agribazaar enables a two-sided network connecting 300,000+ farmers with institutional buyers, while Agriwise Finserv provides working capital through capital, co-lending, and business correspondent models. The asset-light warehousing model minimizes fixed costs while supporting customization and rapid geographic scaling.

StarAgri has filed draft papers with SEBI for a ₹450 crore IPO and is backed by Temasek Holdings and Investcorp. It reported FY25 consolidated revenue of ₹1,560.4 crore (up 55% YoY from ₹390 crore in FY22) and net profit of ₹68.47 crore (up 47%), with an FY26 revenue target of ₹2,000 crore. The platform is now expanding internationally via Stocyard (UAE non-agri commodities) and broader Africa and Middle East initiatives, while continuing to scale domestic warehousing infrastructure.

Name

StarAgri

Legal name

Star Agriwarehousing and Collateral Management Limited

Website

https://staragri.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

501–1,000 employees

Short description

StarAgri is India's largest integrated agritech platform operating 2,200+ scientific warehouses across 18 states, providing warehousing, collateral management for banks (₹180B AUM), digital marketplace (Agribazaar), agricultural lending (Agriwise Finserv), and procurement services to farmers, financial institutions, and agribusinesses.

Ownership category

akta.pro rank

Product category

Agricultural Warehousing and Collateral Management Services

NAICS

Farm Management Services (115116)

SIC

Agricultural Services (700), Finance Services (6199)

akta.pro primary industry

Supply Chain, Marketing & Contracting Advisory (Grain/Livestock Marketing) (AFACAJAH)

akta.pro secondary industries

Farm Finance, Input Procurement & Risk Tools (Budgeting, Inventory, Insurance Links) (AFAAAFAO), Agriculture Inputs & Farm Supply Marketplaces (CRAFAHAL)

Keywords

• Agricultural warehousing services
• Collateral management
• Commodity storage solutions
• Agricultural digital marketplace
• Agri commodity financing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Warehousing and Storage Services: Storage solutions for farmers, traders, millers, processors and corporates to ensure safekeeping of agricultural commodities. Operates over 2,204 scientific warehouses across India with 5.08 million MT capacity.
2. Collateral Management: Supporting lenders including banks and NBFCs by issuing warehouse receipts for agricultural commodities. Trusted by top-tier financial institutions. AUM of ₹180 billion.
3. Agricultural Financing (Agriwise Finserv): Loans through capital, co-lending and business correspondent models via subsidiary Agriwise Finserv Limited (NBFC). Provides weather financing, seed financing, and contract farming financial products.
4. Agribazaar Digital Marketplace: E-mandi platform facilitating over $1 billion in trade. Institutional sellers list agricultural commodities for auction while traders participate by placing bids. Benefits over 300,000 farmers.
5. Procurement and Trading: Sourcing agricultural commodities of desired quality and price for customers. Trade facilitation of non-perishable agricultural commodities for millers, processors and corporates.
6. Agri Exports: Leveraging Indian agricultural sector expertise to expand into emerging markets in Africa and Middle East.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

StarAgri operates an integrated agritech platform providing scientific agricultural warehousing across 2,204+ facilities with 5.08 million MT capacity, collateral management services for banks and NBFCs via warehouse receipts (₹180 billion AUM), a digital e-mandi marketplace (Agribazaar) facilitating agricultural commodity trade, NABL-certified quality testing, and NBFC-based agricultural financing through its subsidiary Agriwise Finserv. The platform serves farmers, financial institutions, traders, millers, processors, and corporates across the farm-to-market value chain using proprietary AI, blockchain, and IoT technology.

Product overview

StarAgri is an integrated agritech platform providing a comprehensive ecosystem of agricultural services across the farm-to-market value chain. The platform operates through a multi-module architecture comprising core warehousing and storage services (over 2,204 warehouses), collateral management (AUM ₹180 billion), procurement, trade facilitation, agricultural exports, and value-added services. Supporting this infrastructure are subsidiary platforms including Agriwise Finserv (NBFC lending), Agribazaar (e-mandi digital marketplace), Star Labs (NABL-certified quality testing), and Agribhumi (AI/ML-powered farmland profiling). The company also operates Stocyard for non-agri warehousing in the UAE. The proprietary technology platform leverages AI and ML, blockchain, and IoT to optimize the agricultural value chain from pre-plantation to trade facilitation.

Differentiator

Problem solved

Functional benefit

Brands

• Agriwise Finserv: NBFC providing agricultural lending and financing solutions through capital, co-lending and business correspondent models
• Agribazaar
• Stocyard
• Agribhumi
• Star Labs
• Agripay
• Agrigate

Products and services

• Agricultural Warehousing Services Scientific storage solutions for farmers, traders, millers, processors, and corporates. Operates over 2,204 warehouses with 5.08 million MT capacity across India, providing safekeeping of agricultural commodities to enable warehouse receipt financing and improved price realization.
• Collateral Management Services Supporting lenders such as banks and NBFCs by issuing warehouse receipts for agricultural commodities stored in StarAgri warehouses. Enables post-harvest credit and verified collateral documentation with an AUM of ₹180 billion.
• Agribazaar Digital Marketplace India's first private electronic mandi (e-mandi) platform enabling institutional sellers to list agricultural commodities for auction while traders participate by placing bids. Direct market access for farmers, with mobile app availability on Android and iOS.
• Agriwise Finserv (Agricultural Financing) NBFC subsidiary of StarAgri providing agricultural lending and financing solutions through capital, co-lending, and business correspondent models. Offers weather financing, seed financing, and contract farming financial products to farmers and agricultural stakeholders.
• Star Labs Quality Testing Network of NABL-certified quality testing laboratories equipped with advanced facilities meeting international standards for agricultural commodity testing and certification.
• Procurement Services Sourcing agricultural commodities of desired quality and price for customers including millers, processors, and corporates. Trade facilitation of non-perishable agricultural commodities across India.
• Trade Facilitation Services Facilitating trade of non-perishable agricultural commodities for customers including millers, processors, and corporates through the company's warehousing and procurement network.
• Stocyard (UAE Non-Agri Warehousing) Warehousing platform launched in the UAE market for non-agricultural commodities, extending StarAgri's scientific storage infrastructure to non-agri sectors internationally.
• Agricultural Exports Leveraging StarAgri's experience and expertise in the Indian agricultural sector to expand into emerging markets with similar opportunities across the value chain, including Africa and the Middle East.
• Agribhumi (Farmland Digital Profiling) Digital farmland profiling platform using advanced remote-sensing, AI, and ML technologies to deliver detailed agricultural data insights for farmers and agribusinesses, enabling data-driven agricultural planning from pre-plantation.

Quantifiable outcome

• 57% income increase for farmers selling digitally compared to traditional channels
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature4 records

Partnerships

One partnership is on record.

• Agriwise Finserv LimitedcoreStrategic or Co-development PartnerNBFC subsidiary of StarAgri providing agricultural loans through capital, co-lending and business correspondent models. Offers weather financing, seed financing, and contract farming financial products.

Scale indicators11 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Sohan Lal Commodity Management (SLCM): India's largest agri-warehousing and collateral management company directly competing with StarAgri in scientific warehousing, WHR financing, and commodity management across similar customer segments including banks and agribusinesses.
• National Bulk Handling Corporation (NBHC): Leading Indian agri-commodity collateral management and warehousing services provider, directly comparable to StarAgri's collateral management business serving banks and financial institutions with warehouse receipt financing.
• Origo Commodities: Agri-finance and warehousing platform offering commodity financing, supply chain solutions, and trade facilitation to Indian agribusinesses, banks, and farmers—highly comparable to StarAgri's integrated model.
• Arya.ag: Integrated agritech platform providing warehousing, financing, and marketplace services to Indian farmers and FPOs, competing directly with StarAgri's Agriwise, Agribazaar, and warehouse offerings with similar B2B fintech-agri hybrid model.
• DeHaat: Full-stack agritech platform serving Indian farmers with agri-inputs, advisory, financing, and market access—competes with StarAgri's integrated farmer-facing services and Agribazaar marketplace.
• NCDEX e-Markets Limited (NeML): Operates India's leading electronic spot commodity trading platform and provides electronic warehouse receipt financing infrastructure—directly comparable to StarAgri's Agribazaar and WHR collateral management businesses.

Broad incumbents

• Adani Agri Logistics: Large-scale Indian agri-warehousing and logistics infrastructure operator owned by Adani Group, with broader logistics portfolio but directly overlapping with StarAgri's scientific warehousing and bulk commodity storage capabilities.
• ITC e-Choupal: ITC's large-scale farmer-procurement and agri-supply chain initiative offering sourcing, warehousing, and farmer services across India—competes with StarAgri's procurement and integrated farmer services at broader scale.

Emerging players

• CropIn Technology: AI-powered agritech platform offering farm management, crop monitoring, and predictive analytics to agribusinesses—comparable to StarAgri's Agribhumi farmland digital profiling and value-added data services.
• Ninjacart: Indian agri-supply chain platform connecting farmers directly with retailers and processors, operating B2B commerce and procurement comparable to StarAgri's procurement and trade facilitation services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/star_agri
• Facebookfacebook.com/staragri.official
• LinkedInin.linkedin.com/company/staragri
• Instagraminstagram.com/staragrigroup/?hl=en

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about StarAgri