Agritech startup Arya secures $30 million in debt financing

Share via:


Agritech and lending platform Arya.ag on Thursday announced that it has secured a $30 million (Rs 259 crores) debt facility from HSBC India. The amount is guaranteed by GuarantCo, part of the Private Infrastructure Development Group (PIDG)– which is funded by governments of the United Kingdom, the Netherlands, Switzerland, Australia and Sweden to name a few, the company said.The agritech startup said it will use the capital to provide post-harvest liquidity to farmers, farmer producing organisations (FPOs) and small agri-enterprises, to bring them…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

admin
admin
Hi! This is Admin.

Popular

More Like this

Agritech startup Arya secures $30 million in debt financing


Agritech and lending platform Arya.ag on Thursday announced that it has secured a $30 million (Rs 259 crores) debt facility from HSBC India. The amount is guaranteed by GuarantCo, part of the Private Infrastructure Development Group (PIDG)– which is funded by governments of the United Kingdom, the Netherlands, Switzerland, Australia and Sweden to name a few, the company said.The agritech startup said it will use the capital to provide post-harvest liquidity to farmers, farmer producing organisations (FPOs) and small agri-enterprises, to bring them…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

admin
admin
Hi! This is Admin.

More like this

Amazon’s new AI agent will shop third-party sites for...

Amazon is starting to test a new AI...

Samsung Galaxy A56 Review: You might not miss a...

For the longest time, Samsung’s midrange smartphones felt...

Bitcoin related startups see 50% surge in pre-seed funding

However, total capital raised by bitcoin-native startups across...

Popular

Upcoming Events

Will your iPhone get iOS 19 update? Some popular...

Apple is gearing up for the launch of...

What Agentic Workflows Mean to Microservices Developers

Microservices changed how we build software by breaking...

Jahanvi Sardana on how startups reshape markets at All...

TechCrunch All Stage — the ultimate founder summit...
afg afg afg afg afg afg ADGF ADGF ADGF ADGF ADGF ADGF ADGF ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account