Even as global crop prices fall, India’s Arya.ag is attracting investors — and staying profitable

Share via:


Arya.ag, an Indian agritech company offering storage facilities near farms and offering lending services to hundreds of thousands of farmers, has drawn investor interest and remained profitable even as global crop prices continue to fall in a volatile commodities market.

The investor interest has taken shape in the latest all-equity Series D round from GEF Capital Partners, totaling $81 million, of which more than 70% was primary capital and the rest secondary share sales, according to the company.

Globally, agricultural commodity prices are…



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.

Popular

More Like this

Even as global crop prices fall, India’s Arya.ag is attracting investors — and staying profitable


Arya.ag, an Indian agritech company offering storage facilities near farms and offering lending services to hundreds of thousands of farmers, has drawn investor interest and remained profitable even as global crop prices continue to fall in a volatile commodities market.

The investor interest has taken shape in the latest all-equity Series D round from GEF Capital Partners, totaling $81 million, of which more than 70% was primary capital and the rest secondary share sales, according to the company.

Globally, agricultural commodity prices are…



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

More like this

India orders Musk’s X to fix Grok over “obscene”...

India has ordered Elon Musk’s X to make...

ETtech Deals Digest: Startups raise $50 million this week,...

Startups raised around $50.2 million between December 27...

India approves 22 projects under Electronics Component PLI scheme

The government has approved 22 investment proposals under...

Popular