The company plans to employ the funds to rapidly scale its traceability network and extend its digital footprint across India. The round also saw participation from existing investors Qualcomm Ventures, Celesta Capital, and ABB Technology Ventures, the company said in a release. The organized milk market is growing at 20% CAGR in India while value-added products are growing at 25% CAGR, the company said. In 2017, the company raised a Series A round from Blume Ventures, Venture Highway, Binny Bansal, and 500 Startups. Founded in 2011 by Ranjith Mukundan, Ravishankar G. Shiroor, Praveen Nale, Ramakrishna Adukuri and Venkatesh Seshasayee, Stellapps is a farm to consumer dairy digitization service provider, improving productivity and quality, while ensuring end-to-end traceability across the dairy supply chain.