The fund will be utilised by Stellapps to develop advanced technologies to transform the agri supply chain
Stellapps has raised an undisclosed amount from IDH FarmFit, which is the funds’ first equity investment in India. Stellapps, an end-to-end dairy technology solutions provider, and IDH Farmfit Fund have entered into a first-of-its-kind partnership as a result of this investment.
Stellapps is challenging the status quo of India’s dairy ecosystem through its tech-first, platform-based dairy supply chain services. The increasing milk demand and the huge untapped potential for milk production offer ample opportunities for continuous growth for Stellapps.
The dairy tech startup is creating a digital highway and access network to enable the delivery of value-added services like credit, insurance, extension, agri-inputs, etc. Women constitute 83 per cent of dairy farmers in India. Stellapps has committed to promoting female leadership throughout the dairy value chain as it expands its reach in India.
