Noida-based agritech platform Arya.ag has secured a $19.8 million debt facility guarantee from the U.S. International Development Finance Corporation (DFC). This funding will support AryaTech, Arya.ag’s agri-commerce subsidiary, to expand connections between farmers, farmer-producer organizations (FPOs), and buyers across India.

This financing follows Arya.ag’s recent $29.2 million (Rs 242.36 crore) funding round led by Asia Impact and Quona Capital, demonstrating growing investor confidence in Arya.ag’s market linkage model.

With this facility, Arya.ag aims to improve its end-to-end service model, which includes warehousing, financing, and market access directly from the farmgate. This approach reduces waste, secures payments, and ensures transaction transparency, aligning with DFC’s mission to support underserved regions.

DFC Vice President James Polan remarked, “DFC is pleased to support AryaTech in expanding its agri-tech platform, connecting small farmers and FPOs with buyers in underserved regions of India. This transaction supports our goal of fostering economic growth and prosperity.”

Operating across 60% of India’s districts, Arya.ag manages a network of over 12,000 warehouses, utilizing IoT, computer vision, and blockchain to enhance inventory management. Arya.ag stores $3 billion in grain annually and has facilitated $1.5 billion in loan disbursements to smallholder farmers.

Co-founder and CEO Prasanna Rao commented, “This DFC commitment is a milestone in transforming India’s grain commerce ecosystem, allowing us to reach more farmers and FPOs and create a more efficient, inclusive marketplace. It aligns with our proven, profitable business model driving impactful change across the sector.”

Source: Indian Startup News