Digitalization of services and service ecosystems for citizens
StarAgri is an Indian agri-solutions company focused on addressing critical challenges in the agricultural sector. Few major problem statements catered by StarAgri involve the inefficiencies and challenges faced by farmers and stakeholders in the agricultural supply chain, including lack of adequate storage facilities, financial constraints for farmers, easy market access for fair profits and supply chain inefficiencies. The solutions provided by StarAgri to the Indian agri value chain, since inception, have been the following: Warehousing and Storage Solutions: StarAgri has developed a network of modern warehousing facilities across India, providing farmers with access to scientific storage solutions that reduce post-harvest losses and maintain the quality of produce. ( 1300 + warehouses, across 18 states + and 4.2 Million MT of storage capacity and 2 lac + of farmer network) Collateral Management and Financing: Through their collateral management services, StarAgri facilitates farmers' access to credit by using stored produce as collateral. This helps farmers meet their financial needs without distress selling of their crops. ( Partner with 25+ Largest Public and Private sector Banks / FIs and INR 900 Bn + Credit Facilitation) Market Linkages and Trading Solutions: StarAgri connects farmers directly with buyers, including processors, retailers, and exporters, ensuring better market access and fair prices for their produce. This is facilitated through platforms and services that streamline the trading process. ( 1,712,941 USD GMV and 600 villages impacted and 400 + FPO Network) Supply Chain Services: The company provides comprehensive supply chain solutions that include logistics, quality testing, and value-added services to ensure efficient movement and handling of agricultural commodities from farm to market. Single month AUM 16397 Cr across services
Platforms And End-to-End Solutions For Government And Public Administration
Digitalization of services and service ecosystems for citizens
2014: Started first international office through wholly owned subsidiary in Singapore StarAgri Services Pvt Ltd 2015: Started own NBFC called as “StarAgri Finance Limited”; 3000+ warehouses, 28 states 2016: Started e-marketplace for agri commodity trading -Agribazaar.com 2017: Achieve highest AUM of 10,000 Cr in Collateral Management 2018: Launch of FastTrack- Inventory Management System 2019: Launch of AgriGate -Warehouse Management System 2020: Highest ever EBIDTA achieved 2022: Achieved more than 2 million MT of warehousing capacity across 200+ locations
18+ States and 350+ locations ANDHRA PRADESH BIHAR Chhattisgarh DELHI GUJARAT HARYANA HIMACHAL PRADESH JAMMU AND KASHMIR JHARKHAND KARNATAKA MADHYA PRADESH MAHARASHTRA PUNJAB RAJASTHAN TAMIL NADU TELANGANA UTTAR PRADESH UTTARAKHAND WEST BENGAL Single month AUM MAHARASHTRA - 3000 CR + RAJASTHAN - 4000 CR +
Extensive Warehousing Network: StarAgri has a widespread network of modern, scientifically managed warehouses across India. This extensive infrastructure ensures reduced post-harvest losses and maintains the quality of stored produce. ( 1200 + warehouses, across 16 states and 4.2 Million MT of storage capacity, clients include Cargill, Reliance Retail, ITC etc) Integrated Agri-Solutions: Offering a full spectrum of services including warehousing, collateral management, supply chain solutions, and market linkages, StarAgri provides a one-stop solution for various needs in the agricultural value chain. ( 7000+ trader network) Collateral Management Expertise: With robust collateral management services, StarAgri facilitates access to credit for farmers and agribusinesses by using stored produce as collateral, thereby bridging the gap between farmers and financial institutions. . (Established presence in Africa Region Kenya, Nigeria, Uganda,Tanzania & Middle east region - UAE) Strong Market Linkages: StarAgri's ability to connect farmers directly with buyers, including processors, retailers, and exporters, ensures better market access and fair pricing for farmers, enhancing their profitability. ( 1.2 Billion USD + GMV in 2024 (or put till date numbers) across the agri network) Technological Integration: Leveraging advanced technologies for quality testing, inventory management, and logistics, StarAgri enhances operational efficiency and transparency in the supply chain. ( Inhouse integrated payment system for Agriculture stakeholder - Agripay Transaction of 3 Billion USD) Quality Assurance: StarAgri's rigorous quality assurance processes ensure that the produce meets the required standards, which is critical for both domestic and international markets. Farmer-Centric Approach: By focusing on the needs and challenges of farmers, StarAgri builds strong relationships and trust within the farming community, driving loyalty and long-term engagement. ( Farmer Network of 3 Lac + )
StarAgri (https://beta.riteknowledgelabs.in/staragriweb/about/awards/) ; agribazaar becomes an Associate Partner for Agro Summit – 2017 ; The Asset Triple A Country Awards 2019 & 2020 ; MoU between agribazaar & Bayer Science Agribazaar signs MoU with Rivulis in April, 2022 ; Indian Agricultural Ministry signed an MoU with agribazaar in 2021 ; agribazaar strikes first online deal to export 50,000 tonnes of wheat to Turkey ; Agribazaar received best agritech startup award in 2022
StarAgri uses its very own application named AgriGates, that manages agri warehousing servicesand a blockchain product called ewr.staragri.com
