The Venture Codex Logo

The Venture Codex

Arya.ag

H-82, Sector 63, Ground Floor, Noida, Uttar Pradesh, 201301, India

Overview

Founded in 2013 in Noida by former ICICI Bank executives, Arya.ag operates a network of about 12,000 leased warehouses that collectively store roughly $3 billion worth of grain each year—around 3% of India’s output. Farmers use the platform to warehouse crops, obtain instant loans against stored grain, and connect with a broad pool of buyers, giving them flexibility to sell when prices are favourable. The company disburses more than ₹110 billion ($1.2 billion) in credit annually and maintains gross NPAs below 0.5% by lending only a portion of grain value and marking collateral to market. Storage contributes 50–55% of revenue, finance 25–30%, and commerce the balance. In FY 2025, Arya.ag generated net revenue of ₹4.5 billion (~$50 million) and profit after tax of ₹340 million, with first-half revenue this year rising 30% year-over-year to ₹3 billion. The platform now serves 850,000–900,000 farmers across 60% of India’s districts and employs more than 1,200 people. Fresh capital will fund additional AI, satellite, and blockchain tools, expand smart farm centres, and reinforce storage and credit infrastructure as the company targets an IPO within 18–20 months and explores software-led expansion in Southeast Asia and Africa.

Total raised
$191M
Funding rounds
8
Latest round
Series D
Latest activity
Jan 2026

Industries

  • Agriculture
  • AgTech
  • FinTech
  • Warehousing
Visit website

Recent funding

  1. Series D

    Jan 2026

    $81M

  2. Debt Financing

    Oct 2024

    $20M

  3. Series D

    Jul 2024

    $3M

  4. Series C

    Jan 2022

    $60M

  5. Series B

    Dec 2020

    $21M

Team

  • Margapuri Prasanna Rao

    Co-Founder and CEO

    LinkedIn
  • Chattanathan Devarajan

    Co-Founder

    LinkedIn
  • Anand Chandra

    Co-Founder and Executive Director

    LinkedIn
  • Faiz Farooq

    Associate Software Developer

    LinkedIn