What is Stellapps?
Stellapps is recognized as India's first end-to-end dairy technology solutions company, incubated at IIT-Madras. Founded by a team of IITians and technologists, the company offers a comprehensive suite of solutions designed to enhance efficiency, productivity, and sustainability within the dairy industry. Its technological approach addresses critical aspects of dairy farming and processing, positioning it as a key player in the agritech and food tech landscape.
How much funding has Stellapps raised?
Stellapps has raised a total of $58.9M across 4 funding rounds:
Series B
$14M
Other Financing Round
$909K
Series C
$18M
Series C
$26M
Series B (2018): $14M with participation from Bill & Melinda Gates Foundation, ABB Technology Ventures, Qualcomm Ventures, Omnivore Blume Ventures, Venture Highway, BEENEXT, and IndusAge Partners
Other Financing Round (2021): $909K led by Omnivore Technologies
Series C (2021): $18M supported by Qualcomm Ventures and Nutreco
Series C (2024): $26M featuring 500 Startups, Bill & Melinda Gates Foundation, and Blume Ventures
Key Investors in Stellapps
500 Startups
500 Global is a venture capital firm with $2.3 billion in assets under management, focused on investing in globally ambitious founders who are building fast-growing technology companies. The firm targets both U.S. and global markets, leveraging its unique networks and resources to unlock the potential of entrepreneurs across various sectors and geographies.
Bill & Melinda Gates Foundation
Established in 2000 and headquartered in Seattle, Washington, The Bill & Melinda Gates Foundation is an organization that focuses on supporting individuals experiencing hunger and extreme poverty in leading healthier lives.
Omnivore Technologies
Omnivore is a technology company that connects restaurants' Point of Sale (POS) systems with technologies that improve efficiency and increase profitability.
What's next for Stellapps?
With a significant influx of major strategic investment, Stellapps is poised for accelerated growth and expansion. This substantial backing is expected to fuel further development of its technology platform, enhance its market reach across India and potentially beyond, and solidify its position as a leader in dairy innovation. The company's trajectory suggests a focus on scaling its operations and deepening its impact on the dairy value chain, leveraging this capital for strategic initiatives and operational enhancements.
See full Stellapps company page