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Friday / November 8. 2024
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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.

The fund will be utilised by Stellapps

Stellapps has been recognised for its innovative tech solutions in digitising

Stellapps Technologies won the ‘National Startup Award 2021’ by #StartupIndia in the Animal Husbandry sector for its effort in digitising the dairy sector in India. The dairy tech startup was honoured through a virtual ceremony in the presence of Union Minister of Commerce & Industry, Piyush Goyal. Stellapps is one of the 46 startups announced as winners of the National Startup Awards 2021 along with one incubator and one accelerator.

As a part of the award, the founders of Stellapps were commended with a cash prize of Rs 5 Lakh. The Department for Promotion of Industry and Internal Trade (DPIIT) conceived the National Startup Awards appreciating the efforts of enablers that are building innovative products or solutions and scalable enterprises, with high potential of employment generation or wealth creation, demonstrating measurable social impact.

Stellapps has been recognised for its innovative tech solutions in digitising and strengthening the dairy farming processes. With a prime focus on data acquisition and machine learning, the startup aims to digitise the dairy supply chain. The technology can be used where the yield per animal is low with inadequate traceability.

Stellapps has been recognised for its innovative

Over 2.8 million farmers are likely to benefitted from Stellapps and Nutreco partnership

India’s leading dairy tech startup, Stellapps has announced a five-year partnership with Trouw Nutrition, the animal nutrition division of NutrecoStellapps currently impacts 2.8 million farmers in 36,000 villages in India with its technology, and with this partnership, the Trouw Nutrition products will impact its entire customer base. 

Over 2.8 million smallholder farmers using Stellapps’ technology will now gain access to Trouw Nutrition’s high-quality feed products, including premixes and feed additives to support animal health, productivity, and milk yield. The partnership commits both parties to close cooperation, sharing one purpose to find innovative ways of Feeding the Future, Nutreco’s purpose. 

In addition to high-quality feed products, Stellapps’ will benefit from Trouw Nutrition’s 90 years of experience; innovative tools and farm management expertise. The partnership follows a successful 10-month pilot with 5,500 farmers across Uttar Pradesh and Kolar, Karnataka which saw the use of Trouw Nutrition products, alongside mentoring and training, and resulted in an improvement on farm outputs such as milk yield and profitability.

Over 2.8 million farmers are likely to