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Agrotech, Biofuel industry, Company News, India, Start ups

GPSR Arya will also priorities projects that focus on managing stubble by using it as biofuel.

Bengaluru based GPS Renewables (GPSR), a bioenergy technology firm, has launched ARYA, a climate infrastructure platform focused on sustainable biofuels and industrial decarbonization projects. Founded with an aim to help India achieve its Net Zero target, Arya will incubate, develop, and operate climate-positive projects, with GPS Renewables as the execution partner.

GPSR Arya will also prioritise projects that focus on managing stubble by using it as biofuel. Every year, Punjab and Haryana generate 27 million tonnes of paddy straw of which 75 per cent is non-basmati variety. This majority straw is rich in silica and not suitable for cattle feed and this is a primary driver for stubble burning. For the last several years, stubble burning has been one of the primary reasons for air pollution in Delhi and surrounding areas. Using non-basmati paddy straw as a source for biofuel will reduce the stubble burning and encourage its use as a valuable resource.

Commenting on the new launch, Mohit Gupta, COO of GPSR Arya said, “There is an urgent need to reduce India’s dependence on oil imports, and biofuels can play a significant role in this effort. At GPS Renewables, we are focused on building solutions that can accelerate climate-positive projects. GPSR Arya is a step in that direction. Arya will invest in projects which have a clear GHG mitigation potential. For the first set of projects under execution, we are setting up two Paddy Straw to CBG (compressed biogas) plants in the state of Haryana. We plan to introduce many more similar initiatives that can help India transition towards net zero emissions”

Nipun OS, Chief Sustainability Officer, GPS Renewables, said, “Corporate clients and industries are working on their decarbonisation plans but they need a credible partner with climate technology capability in assisting them to choose the right emission mitigation strategies to net zero. For industrial decarbonization, replacement of fossil fuels, including natural gas, is an important aspect and ARYA is working with clients to enable this transition.”

GPS Arya will cater to the following types of projects:

  • BioCNG / CBG (compressed biogas) projects based on feedstocks such as MSW (Municipal solid waste), paddy straw, press mud cake and bagasse (residues from sugarcane production).
  • 1G ethanol and biorefinery projects based on damaged grains (and other non-food competing feedstocks)
  • 2G ethanol projects based on agro residues.
  • Industrial decarbonisation projects.

GPSR Arya will also priorities projects that

Agrotech, India, Start ups

The National Institute of Agricultural Extension Management (MANAGE) recently felicitated Anand Chandra, Executive Director & Co-Founder, Arya.ag, India’s largest and fastest-growing integrated grain commerce platform as its outstanding alumni, for his achievements and contributions in agriculture. Union Minister of Agriculture & Farmers Welfare, Narendra Singh Tomar was the Chief Guest for the Convocation and Shri Manoj Ahuja, Secretary (A&FW), GoI was the Guest of Honour.

Arya.ag, co-founded by Anand Chandra in 2013 holds the unique distinction of being the only profitable agritech startup at scale in India. Be it concentrating on the near-farm primary and secondary markets or innovating on the first-of-its-kind price-risk mitigation model for FPOs or deployment of hermetic storage technology, Arya’s aim to impact rural lives and improve livelihoods is always technology driven.
Anand Chandra, Executive Director & Co-founder, Arya.ag, said, “I feel truly humbled and honoured by this recognition. At MANAGE, you learn life tools like grit, resilience, and efficiency, but you also leave with a strong sense of community and social responsibility. The entrepreneurial mindset we develop at MANAGE enables us to impact the world around us. I would like to express my sincere appreciation to my Alma Mater for recognising our efforts at Arya to bring a positive change in the farming community.”
Dr K Anand Reddy, Principal Coordinator PGDM (ABM), MANAGE, added, “MANAGE is proud to honour outstanding MANAGE Alumni who have been serving the farming community through their own Agri-Ventures. We recognise the impact of Arya.ag on the agri community and congratulate Anand and the other recipients”.

The National Institute of Agricultural Extension Management

Agrotech, Finance

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.”

Round led by Asia Impact & Lightrock