ET Startup Awards 2016: How AgroStar is making a profit while making a difference


Pune-based brothers Shardul Sheth and Sitanshu Sheth quit their corporate jobs over five years ago to explore an opportunity within India's agri-tech sector, specifically focusing upon how technology could improve the lives of farmers.

"We wanted to do something more meaningful with our professional lives. We wanted farmers to earn more, have better yields and experience information at their fingertips through bringing the convenience of mobile commerce to their homes," said Sitanshu Sheth.

AgroStar is a mobile-commerce platform through which farmers can procure raw material by giving a simple missed call or through the startup's mobile application, which it launched in June. Already, at least 40,000 farmers in Maharashtra, Gujarat and Rajasthan are active on the app. For rural Indian farmers, the main hurdles are product unavailability, unfair pricing, substandard quality and a lack of real-time information, all of which AgroStar addresses........................Read more

 

Source: The Economic Times


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