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Agritech firm Arya.ag raises over $80 Mn in Series D from GEF Capital

EntrackrEntrackr ยท 6h ago
Agritech firm Arya.ag raises over $80 Mn in Series D from GEF Capital
Medial

New Delhi-based agritech firm Arya.ag has raised Rs 725 crore (around $80.3 million) in its Series D round from GEF Capital Partners. Last month, Entrackr had exclusively reported that GEF Capital is leading a round in Arya.ag. Over the past year, Arya.ag has closed two fundraises. In July 2025, the company raised $29 million in an equity round, while its agri-commerce arm Aryatech secured a $19.8 million commitment from the US International Development Finance Corporation (DFC) to guarantee a debt facility. The new proceeds will be used to deepen Arya.agโ€™s engagement with farmers and farmer producer organisations (FPOs), expand climate-smart agriculture initiatives, and strengthen its technology-led solutions across the post-harvest supply chain. The company said it will also deploy the funds to reduce farm-gate and supply-chain losses, while improving access to finance and market linkages for smallholder farmers. Founded in 2013 by Prasanna Rao, Anand Chandra, and Chattanathan Devarajan, Arya.ag operates an integrated grain commerce platform spanning pre-harvest advisory, storage, finance, and trade. Its model allows farmers to decide when and where to sell their produce, backed by farm-level data, warehousing, and credit access. Arya.ag runs a network of Smart Farm Centres and provides services such as agri storage, instant financing, and transparent market access. The platform currently operates across 60% of Indian districts with a network of 12,000 agri-warehouses, handling nearly $3 billion worth of grain annually and enabling over $1.5 billion in agricultural loans. For the fiscal year ended March 2025, Arya.ag posted revenue of Rs 447 crore, while its profits widened 70% year-on-year. The company also reported Rs 32 crore profit in H1 FY26.

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Agritech startup Arya.ag gets $19.8 Mn debt commitment from DFC

EntrackrEntrackr ยท 1y ago
Agritech startup Arya.ag gets $19.8 Mn debt commitment from DFC
Medial

Grain commerce platform Arya.ag has secured a $19.8 million commitment from the United States International Development Finance Corporation (DFC) to guarantee a debt facility for its agri-commerce subsidiary, Aryatech. Arya.ag has become the first agritech startup to get close to secure two financing rounds in 2024, following a $29 million equity raise in July. The new funds will bolster Arya.agโ€™s capacity to connect farmers and farmer producer organizations (FPOs) with buyers nationwide, ensuring payment security, transaction transparency, and better market access, as noted in the companyโ€™s press release. Arya.ag connects sellers and buyers of agricultural products, facilitating efficient commerce and reducing waste to benefit the entire market. By integrating warehouse discovery, farmgate-level storage, finance, and market linkages, the company offers an end-to-end solution that builds trust across the agricultural value chain. Currently operating in 60% of Indiaโ€™s districts, Arya.ag manages over 11,000 agri-warehouses and claims to aggregate and store $3 billion worth of grain annually, while facilitating the disbursement of over $1.5 billion in loans to smallholder farmers, FPOs, and other stakeholders. Arya.ag reported a profit for the fiscal year ending March 2023. The companyโ€™s gross scale grew by 49.48% year-on-year to Rs 290 crore in FY23, while its profit surged 11-fold to Rs 7.58 crore during the same period. According to the company, its net revenue rose to Rs 360 crore in FY24, with a net profit of Rs 17 crore. Arya.ag has yet to file its audited annual report for the last fiscal year. Arya.ag competes with companies like DeHaat, Ninjacart, and Bijak. Following a substantial fundraising boom in 2021 and 2022, agritech startups are now facing challenges in securing venture capital for larger funding rounds. Data compiled by TheKredible indicates that agritech startups have raised approximately $170 million across more than 30 deals in 2024 to date.

Exclusive: Arya.ag set to raise over Rs 250 Cr in new round

EntrackrEntrackr ยท 17d ago
Exclusive: Arya.ag set to raise over Rs 250 Cr in new round
Medial

Exclusive: Arya.ag set to raise over Rs 250 Cr in new round Agritech startup Arya.ag is in late-stage talks to raise Rs 250โ€“300 crore ($28โ€“35 million) in a fresh funding round, according to three people aware of the development. โ€œGEF Capital Partners is set to join the new round and has issued a term sheet to Arya.ag. A few other new investors are also looking to participate,โ€ said one of the sources requesting anonymity as talks are private. Over the past year, Arya.ag has closed two fundraises. In July, the company raised $29 million in an equity round, while its agri-commerce arm Aryatech, secured a $19.8 million commitment from the US International Development Finance Corporation (DFC) to guarantee a debt facility. In response to queries sent on Monday, the company said it's in funding talks but the details are incorrect. Founded to streamline agricultural trade, Arya.ag connects buyers and sellers of farm produce by integrating warehouse discovery, farmgate-level storage, finance, and market linkages into a single platform. The company has disbursed over Rs 2,000 crore in loans backed by stored crops, offering farmers access to storage, credit, and a marketplace to sell their produce. For context, Arya.ag reported interest income of Rs 55.4 crore in FY24. The firm has also expanded partnerships with banks for co-lending, processors for value-added commerce, and climate-focused organisations. Looking ahead, Arya.ag plans to scale its geographic presence and deepen its technology capabilities by FY26. For the fiscal year ended March 2025, Arya.ag posted revenue of Rs 447 crore, while its profits widened 70% year-on-year. However, the company turned profitable in H1 FY26, reporting Rs 32 crore in profit after tax. According to the press release, the company reported strong momentum across its businesses. Its storage segment grew 40% year-on-year in H1 FY26, while the fintech arm posted 50% growth. Meanwhile, the consumer business saw its gross volume jump over sevenfold during the same period.

Exclusive: Supply chain startup 3SC raises fresh funds in new round

EntrackrEntrackr ยท 1y ago
Exclusive: Supply chain startup 3SC raises fresh funds in new round
Medial

SS Supply Chain Solutions (3SC) has raised Rs 31 crore (approximately $4 million) from existing investors GEF Capitalโ€™s South Asia Growth Fund. This is the first round of investment for the Gurugram-based company this year. The board at 3SC has passed a special resolution to issue 31,00,000 compulsory convertible preference shares at an issue price of Rs 100 each to raise Rs 31 crore, its regulatory filing accessed from the Registrar of Companies shows. The company will use these funds for growth and expansion, as decided by the board of directors. The regulatory filings added that GEF Capitalโ€™s South Asia Growth Fund will hold 66.27% of the company post-allotment. 3SC had raised $15 million in its Series B round led by GEF Capitalโ€™s South Asia Fund in July 2021. Looking at the trend, it appears that GEF Capital will take over the company wholly in the coming years. Established in 2012 by Lalit and Sarita Das, 3SC provides supply chain service, catering to a diverse array of industries such as pharmaceuticals, healthcare, industrials, FMCD, FMCG, and e-commerce. It also delivers supply chain analytics solutions to businesses. 3SC claims to have more than 100 data scientists, over 75 clients and has done more than 20,000 transactions to date. 3SC Solutionsโ€™ revenue from operations barely grew 1.71% to Rs 130.8 crore during FY23 from Rs 128.6 crore in FY22. As per the companyโ€™s consolidated financial statement, its losses jumped 2.3X to Rs 31.5 crore in FY23 against Rs 14 crore in FY22. The firm is yet to file its audited financial statements for FY24. Last month, climate tech focused private equity firm GEF Capital Partners recently closed its$325 million GEF US Climate Solutions Fund II. Its portfolio includes Blue Earth Capital, HQ Capital, ODDO BHF, and INGKA Investments, among others. It recently signed an agreement to invest Rs 580 crore in TI Clean Mobility.

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