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Arya.ag secured $19.8M in a DFC debt facility to enhance its agri-commerce platform, AryaTech, connecting farmers with buyers across India.

Oct 28, 2024about 1 year ago

Amount Raised

$19.8 Million

NoidaFarming

Investors

Us International Development Finance Corporation

Description

Grain commerce platform Arya.ag has secured a $19.8 million debt facility guarantee from the US International Development Finance Corporation (DFC) to support its agri-commerce subsidiary, AryaTech. This funding will enhance market linkages and improve transaction transparency for farmers.

Company Information

Company

Arya.ag

Location

Noida, Uttar Pradesh, India

About

Arya is India’s leading Agritech which has been working at the farmgate to strengthen agriculture value chains through its integrated range of services. Driving technology through a human-centered approach, Arya’s Agritech and Fintech platform leverages technology to bridge the Last Mile. Through its profitable business model with over 5.0 million tonnes of storage capacity across 5,500 warehouses in 21 Indian states, Arya helps farmers, aggregators, Farmer Producer Organisations, food processors and end-user corporates avoid post-harvest losses.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech