Arya.ag raises ₹725 crore from GEF Capital Partners; to be IPO ready in 20 months
Indian grain trading platform Arya.ag rose ₹$725 billion in an equity financing round led by cleantech investor GEF Capital Partners.
The company will use the capital to increase its relationships with farmers and expand technology-driven, climate-friendly farming practices, a press release said.
This comes almost three years after the startup raised $60 million in a Series C round from Luxembourg-based Asia Impact SA, Lighrock India and Quona Capital. The company was valued ₹2,200 crore following this.
“The current funding has been realized at a higher level than the previous valuation,” co-founder Prasanna Rao said, without giving further details. he said.
“With this investment, GEF becomes among the largest investors in Arya.ag… They will receive new shares as well as some shares from existing investors.”
Rao also added that the company has set aside a pool of up to $6 million for strategic technology investments, including acquisitions, wherever it sees opportunity.
To add some context, the company made two acquisitions in 2022, when it acquired data science company Prakshep and SaaS firm Assert AI. Avendus Capital served as the exclusive financial advisor on this equity round.
IPO plans
“(The current) investment is with an aim to scale operations such that we are ready for IPO in 15-20 months,” Rao said. Mint.
The latest round follows a period of growth for the New Delhi-based company. Arya.ag recorded net revenue in the first half of fiscal 2026 ₹300 crore represents an increase of 28% over the previous year. During the same period, the company’s profits increased by 39%. ₹31.5 crore.
Arya.ag operates as an integrated platform that provides farmgate-level networks including storage, finance and market connections. The company positions itself as a partner of financial institutions, agribusinesses and farmer-producer organizations (FPOs) looking to build a climate-smart agricultural ecosystem.
According to a press release, the company’s operations currently cover 60% of the territories in India. Its network includes 12,000 agricultural warehouses that collect and store $3 billion worth of grain on an annual basis. In addition to storage, the platform has also facilitated more than $1.5 billion in loans to small farmers and other agricultural stakeholders.
Founded in 2018, GEF Capital Partners is a private equity fund investing in middle market opportunities in the climate growth space.
