Arya.ag Secures $29 Mn From Blue Earth Capital, Existing Investors – Information Global Web

Arya.ag, an desegrated foodstuff mercantilism papers upraised USD 29 meg (Rs 242 crore) in a Pre-Series D resource round. The ammo was led by Switzerland-based assets concern Blue Earth Capital, a newborn investor in Arya, in partnership with Quona Capital. The ammo also isncluded status from existing investors aggregation Impact and Quona Capital.

Arya.ag offers a broad agri-commerce papers that seamlessly connects sellers and buyers of agriproducts to assist and streamline commerce, dynamical efficiencies and reaction waste, to the goodness of the whole market. The papers integrates depot discovery, farmgate-level storage, direction and mart linkages, providing a broad resolution crossways the whole continuance concern patch addressing mart inefficiencies.

Arya.ag plans to utilise the Pre-Series D assets to acquire mart deal and meliorate its profitability. ​​The Group plans key strategic initiatives, including the deployment of equipment profession for reinforced farm productivity, low waste, and greater image and saliency crossways the continuance chain. 

The consort module also ingest the resource to make partnerships to meliorate Package of Practices (PoP) on-farm and measures to turn matter expiration crossways the cater chain, which module compound status snap for its creator base, rising the incomes of over 1,200 Farmer Producer Organisations (FPOs) patch also delivering reinforced status outcomes.

Arya.ag is the exclusive Amerindic agritech papers at bit to inform profits (Rs 17 crore) over income of bureau 360 crore in FY24. The consort saw a acquire ontogeny of over 36 per coin compared to FY23.

Prasanna Rao, Arya.ag’s CEO and Co-founder, stated, “The Pre-Series D resource from Blue Earth Capital, along with the continuing hold from aggregation Impact SA and Quona Capital, validates our belief of creating a commercially captivating playing support delivering continuance to every stakeholders in the agri-ecosystem, especially the smallest of stakeholders at the fringes of inclusion. This assets module support qualify our ontogeny trajectory. With these funds, we organisation to modify our reach, help more farmers and buyers, and inform original offerings to alter our function as India’s most trusty agri-commerce platform.”

The consort aims to effect over 10 meg farmers by empowering them to delude their display at the correct instance and to the correct vendee in the incoming 3-4 years. It module assist over USD 3 1000000000 in agri-loans, and create mercantilism linkages of over USD 4 1000000000 patch crescendo its hardware print by over quaternary nowadays by 2028.

Setuka Partners served as the strategic authority for this justness round.