Arya.ag Secures $19.8 Mn Debt Commitment From DFC

The United States International Development Finance Corporation (DFC) has committed $19.8 million (INR 166.4 crore) to the agritech firm Arya.ag.

 According to the company's press release, the additional funding would strengthen Arya.ag's ability to link farmers and farmer producer organizations (FPOs) with buyers across the country, guaranteeing payment security, transaction transparency, and improved market access.

Prasanna Rao, cofounder and CEO of Arya.ag said, “This commitment from DFC represents a significant milestone in our mission to transform India’s grain commerce ecosystem. The facility will enable us to connect more farmers and FPOs to buyers much beyond their existing networks creating a more efficient and inclusive agricultural marketplace.”

Arya.ag is a grain commerce platform that facilitates the exchange of information between consumers and agri producers (sellers).

About Arya.ag

Arya.ag, India’s largest grain commerce platform, bridges the gap between sellers and buyers of agriproduce providing complete assurance on quantity, quality, payments.

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