- Arya.ag has raised $29 million in a funding round led by Switzerland-based impact investor Blue Earth Capital.
- Arya.ag is currently valued at ₹2,400 crore and operates on three verticals: Arya Collateral, Aryadhan, and Aryatech.
Integrated grain commerce startup Arya.ag has raised $29 million in a funding round led by a new investor, the Switzerland-based impact investment firm Blue Earth Capital. Existing investors Asia Impact SA and Quona Capital also participated in this round.
The Delhi NCR-based agritech startup has secured a new funding round, over two years after raising $60 million in its Series C round. The Series C funding was led by Luxembourg-based Asia Impact SA, along with Lightrock India and Quona Capital, and valued the company at INR 2,200 crore.
Some of the notable competitors for the startup include DeHaat, Ninjacart, and Bijak.
Founded in 2013 by Prasanna Rao, Anand Chandra, and Chattanathan Devarajan, Arya.ag is currently valued at ₹2,400 crore and operates on three verticals: Arya Collateral, Aryadhan, and Aryatech.
Arya Collateral, the core business, provides warehousing storage facilities and has stored grains worth around $3 billion annually. Aryadhan, launched in 2017, offers agriculture loans against commodities in partnership with banks and digital lenders, having disbursed $1.5 billion in loans to small-holder farmers and other stakeholders.
In April this year, Arya.ag reported a 37% increase in net profit, reaching ₹17 crore for 2023-24, despite weather challenges and policy changes. The company also noted that its net revenue rose to ₹360 crore from ₹297 crore the previous year.
Edited by Harshajit Sarmah
