Agritech startup Arya.ag is in late-stage talks to raise Rs 250–300 crore ($28–35 million) in a fresh funding round, according to three people aware of the development.
“GEF Capital Partners is set to join the new round and has issued a term sheet to Arya.ag. A few other new investors are also looking to participate,” said one of the sources requesting anonymity as talks are private.
Over the past year, Arya.ag has closed two fundraises. In July, the company raised $29 million in an equity round, while its agri-commerce arm Aryatech, secured a
