Arya.ag secures $19.8 million from DFC, aims for ₹100 crore revenue growth in two years
This funding will boost Arya.ag’s platform capabilities, focusing on payment security, transaction transparency, and more accessible financial services for farmers across India.
Anand Chandra, Co-Founder and Executive Director of Arya.ag, expressed optimism about the funding’s impact, highlighting that the DFC commitment will primarily benefit Arya.ag’s trade operations. “This funding will allow us to add more services for farmers, expanding our reach and resources. We’re also looking at raising additional debt from other financial institutions to extend financing options for farmers and FPOs,” Chandra stated. As Arya.ag grows, Chandra emphasised that increasing trade and financial options will be key to empowering small-scale farmers to thrive in India’s evolving agritech ecosystem.
In the upcoming years, Arya.ag is targeting substantial revenue growth and planning to go public. Chandra shared that the company, which achieved a 20% profit last year, is aiming to scale its revenue to ₹90 to ₹100 crore over the next two years.
Arya.ag’s comprehensive platform integrates three critical services: storage, finance, and commerce. By digitising every grain stored in their warehouses, the company enables farmers and FPOs to leverage electronic balances, allowing them access to financing. Chandra elaborated, “Each stored grain represents a digital asset that can be used for financing. This setup empowers farmers to decide when to sell by providing storage near production centres and whom to sell to by connecting them with a network of buyers.” This two-pronged approach—deciding when and whom to sell—addresses farmers’ core challenges in volatile markets.
Through its platform, Arya.ag has created partnerships with 31 financial institutions and launched its own Non-Banking Financial Company (NBFC) to streamline credit access. This network allows farmers to store their produce until market prices improve and then connect them to buyers, ensuring they secure the best possible returns.
Additionally, Samay Kohli, Founder & CEO of Budy.bot, shared insights into the company’s future trajectory. Budy.bot, an AI-powered agent focused on streamlining the deployment and management of sales and marketing software, recently secured $4.2 million in pre-seed funding. The round was led by RTP Global, with additional backing from prominent investors like Beenext, The Neon Fund, Bits Spark Angels, and a network of over 15 angel investors.
Watch the accompanying video for more.
