Mumbai, 1st Sep: In a landmark achievement, Aavishkaar Capital Investee, AgroStar featured in the ‘Forbes Asia 100 to Watch 2022’ List, representing the Agriculture category.
As Asia Pacific moves into post pandemic mode, the qualities of creativity, resilience and capacity shine through the second Forbes Asia 100 to Watch List.
Forbes Asia throws the spotlight on 100 small companies and startups across the region that are addressing real world challenges with fresh thinking and innovative products and services. These include faster blood tests, more accessible elderly care services, and wellbeing apps to help those struggling with isolation or burnout. Others on our list are taking aim at climate change, through uber long lasting batteries , for example, and more resilient crops. Some offer fintech services to digitalize and connect underserved markets. Fifteen countries and territories are represented across 11 categories that include biotechnology and healthcare, ecommerce and retail and finance. Singapore’s vibrant startup community contributed 19 companies to the list, followed closely by Hong Kong with 16.
In the category of Agriculture, 2013 founded Agrostar, an Aavishkaar Capital Investee was featured. AgroStar’s mission is to “help farmers win” by providing advisory services to improve crop yields and the chance to connect with exporters. It also launched a quality assurance lab in May to test seeds and fertilizers. The startup says its digital network spans over 6.5 million farmers across India, and it processes roughly 70 million data points a month to tailor recommendations. Through the AgroStar app, farmers can ask questions to experienced “AgroDoctors,” watch tutorials on topics such as soil quality, and network with other farmers. So far it has raised $96 million in funding.
To read the Forbes Asia 2022 list- Click Here