Brands
Discover
Events
Newsletter
More

Follow Us

twitterfacebookinstagramyoutube
Youtstory

Brands

Resources

Stories

General

In-Depth

Announcement

Reports

News

Funding

Startup Sectors

Women in tech

Sportstech

Agritech

E-Commerce

Education

Lifestyle

Entertainment

Art & Culture

Travel & Leisure

Curtain Raiser

Wine and Food

YSTV

ADVERTISEMENT
Advertise with us

Arya.ag raises $29M in Pre-Series D funding led by Blue Earth Capital

The funds will be used to enhance Arya.ag’s market share, profitability, and strategic initiatives, such as deploying satellite technology to improve farm productivity, reducing waste, and fostering farm transparency.

Arya.ag raises $29M in Pre-Series D funding led by Blue Earth Capital

Wednesday July 10, 2024 , 2 min Read

Indian grain commerce platform arya.ag raised $29 million in Pre-Series D funding led by Switzeriand-based Blue Earth Capital, with participation from Asia Impact and Quona Capital.

The funds will be used to enhance Arya.ag’s market share, profitability, and strategic initiatives, such as deploying satellite technology to improve farm productivity, reducing waste, and fostering farm transparency.

"This investment will help accelerate our growth trajectory. With these funds, we plan to expand our reach, serve more farmers and buyers, and introduce innovative offerings to strengthen our position as India's most trusted agri-commerce platform," Prasanna Rao, Arya.ag’s CEO and Co-Founder said.

Arya.ag is a grain commerce platform that allows farmers and their organisations to decide ‘when’ and ‘to whom’ they would want to sell their produce post-harvest, by offering access to farmgate-level storage, seamless finance and transparent commerce.

Its scope of services currently stretches across 60% of Indian districts, covering over 11,000 agri-warehouses. Arya.ag claims it aggregates and stores $3 billion of grain annually while enabling disbursement of over $1.5 billion of loans to small-holder farmers, their organisations and other stakeholders.

"Arya.ag’s work with farmers, FPOs and ‘climate champions’ to build trust, optimise resource allocation, and minimise adverse environmental impacts has been extremely impactful, especially in the face of climate-induced stress in agriculture. We hope that together we can strengthen these networks and create value for all stakeholders in the agricultural ecosystem," Rohan Ghose, Director of Private Equity Partnerships at Blue Earth Capital, said.


Edited by Jyoti Narayan