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Arya.ag Receives $19.8 Mn Commitment From DFC

  • Agritech startup Arya.ag has secured a commitment of $19.8 Mn from US International Development Finance Corporation (DFC) for its agri commerce subsidiary Aryatech.
  • The funding will enhance Arya.ag's ability to connect farmers and Farmer Producer Organisations (FPOs) with buyers by providing payment security, ensuring transaction transparency, and improving market access.
  • The funds will be disbursed in a single tranche upon completion of necessary conditions precedent (CPs), and the commitment is for a period of seven years with amortisation beginning in the fourth year.
  • Arya.ag aims to transform India's grain commerce ecosystem and has raised a total funding of over $100 Mn till date.

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