Round led by Asia Impact & Lightrock India, Quona Capital and US International Development Finance Corporation among others
Arya, India’s largest integrated grain commerce platform, announced the close of its Series C round, having raised $60 million in a mix of equity and debt. The equity round was led by Asia Impact, Lightrock India and Quona Capital. The agritech platform also raised debt financing from the US International Development Finance Corporation (DFC) among others.
Chattanathan Devarajan, Co-founder, Arya said, “The funding round will help us gain market share for our core offerings and add more services to consolidate our position as India’s most trusted platform in agriculture. We believe that these partnerships, old and new, are an endorsement of Arya’s strength to drive penetration and lead transformation within the sector.”
Matteo Pusineri, director of Asia Impact SA. “Arya will help accomplish Asia Impact’s vision to integrate rural under-served farming communities across Asia to markets at scale. We are confident that Arya, under the leadership of Prasanna Rao, Anand Chandra and Chattanathan Devarajan, will greatly contribute to a unique ecosystem supporting the sustainable growth story of rural India.”
