Agri-tech platform Arya raises raises $29-M from Blue Earth Capital

Noida-based integrated grain commerce platform Arya.ag (promoted by Arya Collateral Warehousing Services Private Limited) has raised USD 29 million (around INR 242 crore) in pre-Series D funding round led by Switzerland-based impact investment firm Blue Earth Capital along with participation from Asia Impact SA and Quona Capital at a INR 2,400 crore valuation.Founded in 2013 by Prasanna Rao, Anand Chandra, and Chattanathan Devarajan, Arya.ag has three verticals - Arya Collateral, Aryadhan, and Aryatech. Arya Collateral offers warehousing storage facilities, which is the core business of the company. It claims to store grains worth around USD 3 billion annually.