Arya Collateral raises funding from Aspada Investment

Noida-based warehousing services Arya Collateral has raised an undisclosed amount from Aspada Investment Company.

Arya provides a range of post-harvest agriculture value chain services to small hold farmers, Farmer Producer Organizations (FPOs), banks, agro-processors and corporate end-users in India. These services include aggregation, collateral management, professional warehousing and facilitation of financial and market linkages.

With Aspada’s investment, Arya will extend its reach to small hold farmers and FPOs in primary markets not served by existing companies, and offer warehousing services as well as short-term financing through partnerships with banks and NBFCs.

Commenting on the development, Prasanna Rao, Managing Director, Arya, said, “Aspada has significant experience in investing in India’s supply chain and agricultural logistics sectors. Their investment will allow us to scale significantly in the primary markets where the penetration of warehousing, as well as availability of finance for post-harvest storage of commodities, is very low.”