Debt Financing
Agri-fintech co Origo Commodities to raise Rs.145-Cr from DFC
Gurgaon-based agri-fintech company Origo Commodities will raise a debt of USD 20 million (INR 145 crore) from the US International Development Finance Corporation (DFC), the development finance institution of the US Government. Origo will use the funds to build capacity with agri producers and traders in the small and medium category and help them overcome the challenges posed by the outbreak of the Covid-19 pandemic. Origo provides procurement, warehousing support and trade finance to farmers and traders.
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