StarAgri provides agricultural warehousing, collateral management, procurement and trade facilitation, commodity testing through Star Labs and financing, and runs the agribazaar digital marketplace, the company says. It serves farmers, traders, millers, processors, FPOs, banks and NBFCs, and operates most of its warehouses on an asset-light model.
Its financing arm, Agriwise Finserv Limited, which the company describes as a registered NBFC and subsidiary, offers warehouse receipt financing, business financing against property and other agri-finance structures, including co-financing with partner institutions. StarAgri was founded in 2006 by Suresh Goyal, Amit Goyal, Amith Agarwal and Amit Khandelwal, added collateral management and warehouse receipt financing in 2008 and started Agriwise Finserv in 2015, according to its timeline. It is headquartered in Mumbai.