We offer a unique range of products with focus on the Agri value chain. Our agri-sector expertise and well-entrenched distribution network helps in delivering value to our customers by providing them much needed capital for business growth. We understand the credit requirements of the agri segment and therefore offer customized financing solutions to our customers, in an otherwise unorganized and unstructured market.


To be a trusted financial partner for India’s agri-community, supporting them across their financial needs and enabling their economic empowerment to create better lives.

Core Values


We conduct our business with integrity and transparency. SFL’s code of conduct ensures that people, services and functions uphold the highest trust and responsibility


We work to identify innovative approaches to provide financing services to our clients, suiting their business requirements


We set clear performance standards and hold ourselves accountable for achieving results within specified timelines

Value Focus

We aim to deliver value to our customers, partners and stakeholders by understanding their needs and fulfilling them

Customer Excellence

We strive to achieve customer excellence through all our actions, and measure our performance on value delivered to our customers

July: MOU singed with KVB Bank for providing business services for agri commodity loans. The partnership is focussed towards providing institutional finance to local commodity traders & farmers.
  • Established relationship with 15 Lenders (12 banks plus 3 NBFCs) total sanctioned debt facilities are 369 Cr.
  • Received CARE BBB+ rating for Loan term bank facilities and CARE A2 rating for Short term bank facilities
  • Completed 1st Securitisation transaction of Pool amount 33.50 Cr. with PTC rating of CARE A (SO)
  • FY end: Count of loans - 1,003, Loan disbursements ¬340 Cr. and Portfolio AUM 485 Cr.
  • Since Inception to March 2018
  • Achieved 1,000 Cr. loan sanctions and¬895 Cr. loan disbursements
  • Expanded geographical presence to 26 locations across 5 states
  • Second Equity Capital infusion of ₹100 Cr. in FY16 by Star Agriwarehousing and Collateral Management Ltd.
  • Debt raising to the tune of ₹69 Crore from DCB, Corporation and Nabkisan (Nabard subsidiary) in our first full year of operation.
  • Jan: Achieved 100 employee count
  • FY end: Count of loans - 476, Loan disbursements ₹318 Cr. and Portfolio ₹352 Cr.
  • June: Implemented Loan Management System (LMS) named Omnifin Software
  • Sep: Achieved - 100 Cr. worth of loan disbursements
  • FY end: Count of loans - 153, Loan disbursements 190 Cr. and Portfolio 203 Cr.
  • Aug: Baroda based NBFC was acquired in name of Raylight Leasing & Finance Ltd
  • Oct: First Employee was on-boarded
  • During the year, First Equity Capital infusion of¬50 Cr. by Star Agriwarehousing and Collateral Management Ltd. (Holding Company with 100% shareholding)
  • Feb: First Loan disbursement done
  • Feb: Raylight got rechristened to StarAgri Finance Ltd.

Our finance solutions include:

  • Secured Business loans for Agri, Allied and other Business segments
  • Dairy loans to Progressive Farmers and Enterprises
  • Loan against Agri commodities stored in Staragri Warehouses
  • Loan against Receivables, Invoices & Current Assets
  • Trade Finance to participants of Agribazaar e-commerce platform
  • Working capital loans to Farmer Producer Organizations (FPOs)

Board of Directors

Mr. Suresh Goyal - Picture

Mr. Suresh Goyal

Managing Director

Mr. Suresh Goyal has over three decades of experience in running agriculture and farm related businesses likeagri-financing, agri-procurement, commodity trading and warehousing. An expert in the commodities sector, he has been associated with leading Indian and global corporate in advisory and consulting roles related to procurement, warehousing and stocking of agri - commodities.

Mr. Amit Kumar Goyal

Executive Director

Mr. Amit Kumar Goyal oversees the administration and operations at StarAgri group. He has extensive experience in rural lending, collateral and financing sector. He has partnered with leading banks like ICICI Bank in their rural lending foray.

Mr. Amith Agarwal

Non-Executive Director

Mr. Amith Agarwal is responsible for managing corporate tie-ups, legal and financial matters and business development activities at StarAgri group. He has established numerous relationships with leading financial institutions for their rural lending and financing business.

Mr. Amit Khandelwal


Mr. Amit Khandelwal is associated with the agriculture and commodity sectors for over a decade and has been involved in development of custom products for contract farming, weather financing and seedfinancing.

Mr. Girish Nadkarni

Nominee Director,
IDFC PrivateEquity

Mr. Girish Nadkarni has two decades of experience in merger and acquisitions, buyouts, business strategy, setting up and management of new businesses, corporate finance, treasury and financing and operations. He was associated with Rallis in the agri space as the Executive Vice President (Finance & Legal), Chief Financial Officer and a member of the Executive Committee.

Mr. G. Chandrashekhar

Independent Director

Mr. G. Chandrashekhar is an economist with passion for analyzing agriculture, agri-business and commodity markets including metals and energy products. Mr. Chandrashekhar tracks, interprets and comments on economic developments in general and commodities sector in particular, covering agriculture, metals and energy. He closely follows the agriculture biotechnology sector.

Mrs. Mangala Prabhu

Independent Director

Mrs. Mangala Prabhu is an experienced banking professional with 38 years of experience working at Union Bank of India (Nov 1976 - Apr 2015) across multiple roles spanning corporate credit, foreign exchange, human resources and branch banking. Having led large corporate credit portfolio in Union Bank of India, she has extensive experience in value chain of large value credit proposals.

Senior Management

Gurinder Singh Sehmbey

Chief Executive Officer

Gurinder Singh Sehmbey has more than 21 years of experience in the NBFC sector, having held a variety of senior leadership positions. He has expertise in operations management, strategy planning and execution, product development, marketing and new business development. Before joining SFL, Gurinder served as the President and Chief Operating Officer at Religare Finvest Limited, and prior to that, he was associated with Magma Fincrop Limited as the Vice President and Business Head-WestRegion.

Mr. Vipin Maheshwari

Group CFO, StarAgri Group

Vipin Maheshwari is Group CFO of StarAgri Group. He is a qualified Chartered Accountant with over 14 years of experience in Financial controls, Reporting and Planning Analysis. Prior to joining StarAgri, he was working with Citi as a Vice President – Financial Planning and analysis covering products like Mortgages, Student Loan, Auto Loan and Credit Card. Within Citigroup, he was a financial controller at CGMIP Ltd.

Mr. Harish Rawat

Head -Business

Harish Rawat spearheads overall business of Staragri Finance. Harish has over 15 years of experience in marketing, business development and sales. Prior to joining SFL, Harish was associated with Kotak Mahindra Bank Limited as a Vice President, Agri Business Group, North. Harish holds an MBA degree with specialization in Agri-business from College of Agribusiness Management, Govind Ballabh Pant University of Agriculture &Technology, Pantnagar.

Mr. Harish Gupta - Picture

Mr. Harish Gupta

Head - Operations and Services

Harish Gupta is responsible for overall operations and services of the organization. Before joining SFL, Harish served as the Head – Operations at Finanzmart Services Private Limited. Prior to that, he was associated with Religare Finevest Limited, Home Credit Finance India Private Limited, ABN AMRO Bank and BHP Billiton.

Mr. Fredrick Pinto - Picture

Mr. Fredrick Pinto

Head – Compliance & Company Secretary

Fredrick is an Associate Company Secretary (ACS), Associate Cost Accountant (AICWA) and is a Law Graduate from Mumbai University. Fredrick has more than 14 years of experience in Secretarial, Legal and Compliance of NBFCs, HFCs and AIFs. He has diverse exposure in handling SEBI Regulations, RBI Guidelines and other regulatory requirements. Prior to joining SFL, he was associated with ASK Financial HoldingsPvt Ltd, DHFL and Dodsal Corporation Pvt. Ltd.

Mr. Vipin Kumar Singhal - Picture

Mr. Vipin Kumar Singhal

Assistant Vice President – Information Technology

Vipin Singhal has done his B.Tech. in Mathematics & Computing from IIT, Guwahati. He is a merit holder in an institute. He has more than 5 years of experience in leading off shore capability for business process management, software development. He is primarily responsible for all Information Technology matters. Prior to joining SFL, he was associated with BA Continuum India Pvt. Ltd. (A non-bank subsidiary of Bank of America) in his past assignment.