Overview
Arya.ag, India's largest integrated grain commerce platform, today announced that it has raised INR 7.25 billion (approximately USD 80 million) in a combination of primary and secondary investment from GEF Capital Partners.
Avendus Capital acted as the exclusive financial advisor to Arya.ag and its shareholders on the transaction.
The investment will enable Arya.ag to deepen its engagement with farmers and their organisations to promote climate smart, market-led agriculture practices. It will accelerate the Company’s effort to build resilience among smallholder farmers against uncertainties of climate change through improved access to technology solutions. The funds will also strengthen Arya.ag’s ability to control post-harvest losses at the farm gate and across the agricultural supply chain.
About Arya.ag
Arya.ag, Founded in 2013 by Prasanna Rao, Anand Chandra and Chattanathan Devarajan, Arya.ag’s model is designed to bridge the trust gap in Indian agriculture, build efficient networks and unlock higher incomes for farmers. Through its integrated value chain approach - spanning pre harvest to post harvest solutions - Arya.ag enables the smallest of stakeholders in Indian agriculture to participate equitably in value chains by helping them decide when and to whom to sell their produce to. Its expanding network of Smart Farm Centres, combined with a comprehensive suite of storage, finance and commerce solutions, helps farmers and FPOs sustainably and structurally improve incomes at scale.
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