B2B Agritech Startup AgroStar Acquired INI Farms

B2B agri-inputs startup AgroStar announced complete acquisition (100%) of Mumbai-based startup INI Farms, through a combination of cash and stock deal.

AgroStar claims that by acquiring this company, it will add more value to its large network of farmers by making their products available to consumers all over the world. Furthermore, this transaction gives AgroStar a larger presence in India's $300 billion agri-output market. It intends to target the entire F&V segment while also expanding markets in the EU and North America.

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