🧠 Food for thought

Implications, context, and why it matters.

Beyond the US$7.5 million investment, Arya.ag is a large and profitable business

• Swedfund’s US$7.5 million check sits within an US$81 million all-equity Series D round led by GEF Capital Partners 1.
• Arya.ag already makes money, with profit after tax near US$3.78 million on roughly US$50 million in net revenue for the fiscal year ending March 2025 1.
• The company runs a large real-world footprint through roughly 12,000 leased warehouses, storing and pooling around US$3 billion of grain each year, near 3% of India’s national output 1.
• It arranges close to US$1.5 billion in annual loans, while keeping gross non-performing assets (NPAs) below 0.5% 1.

How turning grain into a financial asset is changing rural finance

• Arya.ag turns a farmer’s harvest into a more liquid asset by enabling loans against stored crops, including warehouse receipt-based lending 2.
• Farmers can cover urgent cash needs without selling right after harvest, when prices often hit seasonal lows 3.
• Lenders evaluate risk using the stored commodity as collateral, instead of leaning only on a farmer’s personal credit history 1.
• The setup can beat the 24% to 36% interest rates that commission agents typically charge, according to Arya.ag’s Prasanna Rao 1.