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Stellapps raised $26 million in a funding round featuring equity and debt, led by Blume Ventures, Omnivore, and Miledeep Capital, to expand its mooMark business for value-added dairy products.

Stellapps raised $26 million in a funding round featuring equity and debt, led by Blume Ventures, Omnivore, and Miledeep Capital, to expand its mooMark business for value-added dairy products.

10/21/24, 12:55 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgbangalore
Money raised
$26 million
Industry
agriculture and farming
information technology
Investors
Us International Development Finance Corporation, Miledeep Capital, Blue Ashva Capital, 500 Global, Idh Farmfit Fund, Bill & Melinda Gates Foundation, Omnivore, Blume Ventures
Dairy technology solutions startup Stellapps has successfully raised $26 million through a mix of equity and debt. The funds will primarily focus on expanding the company's mooMark business, aimed at enhancing contract manufacturing and private-label dairy operations.

Company Info

Company
Stellapps
Location
bangalore, karnataka, india
Additional Info
Stellapps is a tech-driven, end-to-end, dairy-led food value chain platform. It leverages advanced analytics and artificial intelligence through its full-stack IoT platform to enable dairy ecosystem partnerships with financial & insurance institutions, veterinary services, cattle nutrition providers, agro-input providers, etc. to create significant value for small farmers and all the other stakeholders. Stellapps started in 2011 by building out the foundational parts of its Digital Access Network (DAN) and as an entry strategy, providing end-to-end digitized supply chain solutions. In its journey of the last 11 years, Stellapps has interacted very closely with the farmers and understood their livelihood sources, needs, aspirations, and challenges. Today, Stellapps is leveraging the same to realize an end-to-end food value chain platform, through creating a “string of pearls” approach and providing value-added services such as dairy market linkages, agro-inputs, and financial services to small holder farmers.

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