Topic

agritech

The image shows an illustration of a farmer, wearing a traditional conical hat, crouching and working in a green field filled with tall crops. The farmer is dressed in a yellow shirt and green pants, holding a bundle of harvested grain. In the background, the sky is blue with light clouds. The text "arya.ag" is displayed in the upper right, with a stylized green leaf incorporated into the letter "y."

Arya.ag Secures $19.8M Debt Funding from DFC to Boost Agritech Innovations

Arya.ag, a Noida-based agritech platform, has secured a $19.8 million debt facility from the U.S. International Development Finance Corporation (DFC) to expand its market linkage capabilities, connecting farmers and farmer-producer organizations (FPOs) with buyers. This new funding follows a recent $29.2 million investment round and supports AryaTech, Arya.ag’s subsidiary, in creating a secure, transparent agricultural marketplace. With a vast network of over 12,000 warehouses across 60% of India’s districts, Arya.ag leverages technology to manage inventory and reduce risks, furthering its mission to drive economic growth in underserved regions.

The image shows a banner for AgriSURE, the Agri Fund for Start-Ups & Rural Enterprises. It features three farmers working in a lush green field. The farmers, two men and one woman, are depicted harvesting crops. The sky in the background is clear with a few clouds, giving a bright and optimistic feel. The AgriSURE logo and tagline are positioned on the left side of the image.

Government to Launch ₹750 Cr Agri Fund for Startups and Rural Enterprises

The Indian government is set to launch AgriSURE to support agritech startups and agripreneurs. With an initial corpus of ₹750 crore, the fund will provide equity and debt investments to promote innovation and sustainability in agriculture. NABVENTURES, a subsidiary of NABARD, will manage the fund, which includes equal contributions from the Department of Agriculture and Farmers Welfare and NABARD. AgriSURE aims to strengthen the agricultural value chain, create rural infrastructure, and generate employment. It will support around 85 agribusiness startups, focusing on high-risk, high-impact activities. Additionally, NABARD launched the AgriSURE Greenathon 2024 to address key challenges like smart agriculture, agri-waste management, and regenerative agriculture through innovative solutions.