India Dealbook: AgroStar, Ethereal Machines, Docttocare, LetsVenture in funding news

India Dealbook: AgroStar, Ethereal Machines, Docttocare, LetsVenture in funding news

Photo by Cezanne Ali on Unsplash

Indian startups continue to attract investor attention. Agri-tech startup AgroStar, healthcare platform Docttocare, and deep tech startup Ethereal Machines have secured funding. In another development, LetsVenture is set to launch a specialised healthcare investment programme to invest in health startups.

Rabo Frontier invests in AgroStar

Rabo Frontier Ventures (RFV) on Tuesday said it has invested in agri-tech startup AgroStar – that sells agricultural inputs and products to farmers. While RFV did not disclose the funding size, a VCCircle report said that it has invested $5 million. This second close of the recently announced series C investment, led by Bertelsmann, will bring the total capital raised by AgroStar to $27 million, RFV said in a statement. Along with RFV, Bertelsmann and its existing investors Accel, Chirate Ventures and Aavishkar Bharat Fund participated in the series C round.

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