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 falling. Risks from extreme weather, input costs, trade disruptions, and biofuel policy shifts continue to weigh on agricultural markets, the World Bank has warned. This leaves businesses exposed to price swings and inventory losses….
