Dealflow | July 19, 2017

Stellapps raises financing for dairy supply chain transparency in India

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Between cow and buffalo products, India is the world’s largest milk producer.

Most of the supply comes from small-scale farmers, but the dairy supply chain lacks transparency.

Bangalore-based Stellapps deploys sensors — to track milk quality or refrigeration temperatures, for instance — and uses a cloud-based system for logging data.

“We figured focusing on the whole supply chain would make the data more valuable,” CEO Ranjith Mukundan says. The company has closed an undisclosed Series A round, backed by Blume Ventures, Venture Highway, and one of the co-founders of Indian e-commerce company Flipkart.

Stellapps is moving on to a $12 to $14 million Series B round. Stellapps subscriptions for farmers and distributors are less than $10 per month, making the service affordable to farmers with as few as two or three animals.