Agritech startup Arya.ag, which secured $30 million in debt financing last month aims to be IPO ready by FY27.
Launched in 2013, Arya.ag is a grain commerce platform that offers solutions across the entire value chain.
It enables farmgate storage, warehouse discovery, finance and market linkages by connecting agriproduce sellers including farmers, 1,300 farmer producer organisations (FPOs) and small aggregators with 2,000 SME food processors, traders and 100 corporates such as ITC, Britannia and Adani.
By FY26, the business hopes to make a profit of Rs 100 crore and generate operational revenue of Rs 630–640 crore. This fiscal year, it is expected to generate approximately Rs 450 in sales and Rs 40 crore in profit.
In FY24, the Delhi NCR headquartered startup’s operating revenue increased 18% to Rs 340 crore and profit surged 2.5x to Rs 19 crore.
The expansion will be fueled by strengthening its position in its current markets, which include trading services, storage solutions, and finance solutions, as well as by launching new verticals like logistics as a service.
Arya.ag has so far raised a total funding of $84 million in equity and $102.05 million in debt. In July last year, it raised $29 million in a pre-Series D funding led by Switzerland-based Blue Earth Capital. The firm will be raising the next round of funding by the end of 2025.