SUMMARY
- Arya.ag has secured $19.8 million from DFC to enhance market access for farmers and FPOs.
- This follows a $29 million equity round raised last quarter.
- Founded in 2013, Arya.ag empowers farmers by giving them control over their selling decisions post-harvest.
Arya.ag, a prominent agritech startup, has received a commitment of $19.8 million from the U.S. International Development Finance Corporation (DFC). This funding will significantly bolster Arya.ag’s efforts to connect farmers and Farmer Producer Organisations (FPOs) with buyers nationwide, enhancing payment security, ensuring transaction transparency, and improving access to markets.
This latest investment comes on the heels of a successful $29 million equity raise completed last quarter. Founded in 2013 by Prasanna Rao, Anand Chandra, and Chattanathan Devarajan, Arya.ag operates as a grain commerce platform that empowers farmers and their organizations to strategically choose when and to whom to sell their produce post-harvest.
Arya.ag’s commitment to improving market access for farmers positions it as a key player in the agritech sector, particularly in facilitating fair transactions and promoting transparency within the agricultural supply chain.
