AgroStar Bags INR 58 Cr From Accel India, Others

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SUMMARY

The round also saw participation from Aavishkaar India, Bertelsmann, Evolvence India, Chiratae Ventures and Hero Enterprises

AgroStar’s board approved the issuance of 1,45,385 CCPS at an issue price of INR 3,965 per share

The startup also disclosed that it issued an additional 21,940 CCPS to Bertelsmann Nederland B.V. at the same issue price, raising INR 8.6 Cr

Agritech startup AgroStar has raised INR 57.6 Cr (around $6.7 Mn) in a fresh funding round led by existing investor Accel India.

The round also saw…



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AgroStar Bags INR 58 Cr From Accel India, Others


SUMMARY

The round also saw participation from Aavishkaar India, Bertelsmann, Evolvence India, Chiratae Ventures and Hero Enterprises

AgroStar’s board approved the issuance of 1,45,385 CCPS at an issue price of INR 3,965 per share

The startup also disclosed that it issued an additional 21,940 CCPS to Bertelsmann Nederland B.V. at the same issue price, raising INR 8.6 Cr

Agritech startup AgroStar has raised INR 57.6 Cr (around $6.7 Mn) in a fresh funding round led by existing investor Accel India.

The round also saw…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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