The Indian startup plans to build out its lending capabilities, as well as adding insurance and crop spraying to its roster of farmer-focused services.
The Indian company will use the Series C funding to expand its global presence and provide its AI-driven agronomy and financing solutions to more customers.
Delhi-based Arya, which provides grain storage and loans to smallholders, is fintech investor Quona Capital’s second ag finance deal.
Trade, logistics, and supply chain management are among the other areas to be targeted by the new government-backed initiative.
Oakland-based TerViva and Farmer Mac want to help farmers with the cost of cultivating pongamia, which takes several years to become productive.
Istanbul-based Tarfin offers access to extended payments for smallholder farmers, and creates pools of receivables for institutional investors as asset-backed securities.
The media conglomerate and agribusiness giant have joined S2G Ventures and Skyline Global Partners to fund the Iowa startup, which offers a data-backed warranty service for farmers.
Moving towards more climate-resilient agriculture and food production was already imperative for India. The Covid-19 pandemic has made it even more urgent.
Arkam Ventures led the pre-Series A investment in Jai Kisan, which wants to increase Indian farmers’ access to financial services – and lenders’ access to farmers.
Agrocorp, which recently made a groundbreaking $12m blockchain wheat trade, will use the funds to “ensure a continuous flow of food from farmers to end-consumers.”
The collaboration brings private-sector tech players into the mix to extend the scope of the NGO’s contract farming program for rice-growing smallholders.
TaniHub Group provides e-commerce, logistics, and financing services to Indonesian smallholders, helping them sell their produce to over 120,000 business and retail customers.
