Arya.ag, a grain commerce platform, has secured a $19.8 million commitment from the United States International Development Finance Corporation (DFC) to guarantee a debt facility for Arya.ag’s agri-commerce subsidiary Aryatech.
The fund will be used to expand its ability to connect farmers and FPOs with buyers nationally by ensuring payment security, transaction transparency, and improved access.
This follows Arya.ag’s recent $29 million pre-Series D funding round in July 2024, led by Switzerland-based Blue Earth Capital, along with participation from Asia Impact and Quona Capital.
Speaking on the development, Prasanna Rao, Co-Founder and CEO of Arya.ag said, “This commitment from DFC represents a significant milestone in our mission to transform India’s grain commerce ecosystem. The facility will enable us to connect more farmers and FPOs to buyers much beyond their existing networks creating a more efficient and inclusive agricultural marketplace. This aligns perfectly with our proven business model that has already demonstrated profitability while driving meaningful impact across the sector.”
“DFC is pleased to support AryaTech in expanding its growing agri-tech platform connecting small farmers and farmer producer organisations to buyers in underserved regions of India. This transaction aligns with our goal of supporting economic growth and prosperity in communities across India,” said James Polan, DFC’s Vice President of Health & Agribusiness.
Arya.ag offers a comprehensive agri-commerce platform that seamlessly connects sellers and buyers of agriproducts to facilitate and streamline commerce, driving efficiencies and reducing waste, to the benefit of the entire market. The platform integrates warehouse discovery, farmgate-level storage, finance and market linkages, providing a comprehensive solution across the entire value chain by bridging the trust gap at each step.
The Group’s ground presence with a 12,000-strong warehouse network across 21 states, combined with a technology backbone integrating deep-tech computer vision, IoT and blockchain, ensures physical risks in commodity storage and finance are minimised. Arya.ag’s integrated platform places it uniquely as the only profitable Indian agritech startup at scale. With a growth of 77% over the last year, the platform reported a profit before tax of ₹22 crore in FY 24.
