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Recently Funded|Amount: USD 26.0M|Industry: IT Services and IT Consulting

Stellapps Technologies Secures $26M Funding for Revolutionary Dairy-Led Food Value Chain Platform

Stellapps Technologies Private Limited

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501-1,000 employees employees (Est.)
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Stellapps Technologies Private Limited, a pioneering tech-driven platform in the dairy-led food value chain, has successfully raised an impressive $26 million in its latest funding round. Established in 2011, Stellapps has made significant strides over the past 13 years, creating a comprehensive Digital Access Network (DAN) that integrates advanced analytics and artificial intelligence within its end-to-end IoT solutions. This funding will propel Stellapps’ mission to revolutionize the dairy ecosystem by enhancing its market linkage services and expanding financial and agro-input offerings to smallholder farmers across India. With its unique “string of pearls” approach, the company seeks to build robust partnerships with financial and insurance institutions, veterinary services, and cattle nutrition providers, fostering an environment of inclusivity and empowerment for over 3.1 million farmers—68% of whom are women. Stellapps’ fintech arm, mooPay, is particularly noteworthy, as it aims to bridge the financial inclusion gap for small farmers, enabling over 65% of its customers to access funding for the first time. Moreover, its mooMark service currently procures about 150,000 liters of milk daily while offering scientific advisory through its Farm Improvement Services. The newly acquired funds will be instrumental in scaling these services and enhancing their existing innovations, such as the patented Herd Management System. Stellapps is not just an Agritech company; it’s a catalyst for transformative change, leading to increased farmer profitability and striving to elevate the livelihoods, quality of life, and aspirations of smallholder farmers across the nation.
October 21, 2024

Buying Signals & Intent

Our AI suggests Stellapps Technologies Private Limited may be interested in solutions related to:

  • IoT Devices
  • Supply Chain Software
  • Dairy Management Solutions
  • Financial Services for Farmers
  • Cold Chain Solutions

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