Arya Collateral Valuation, Funding & Investors
Arya Collateral is valued at $300M as of January 2022.
Last Arya Collateral valuation
$300M
Series C · Jan 2022
Last Arya Collateral funding round
$79M
Series D · Jan 2026
Cumulative funding Arya Collateral raised
$178M
across 6 funding rounds
Key investors in Arya Collateral
Lightrock
Quona Capital
Omnivore
GEF Capital Partners
Accion
About Arya Collateral
Arya Collateral Warehousing Services is an agricultural post-harvest platform providing storage, financing, and market linkage for farmers in India. The Mumbai-headquartered division of Arya.ag operates over 5 million metric tons of warehouse capacity across 15 states. Arya Collateral issues electronic warehouse receipts for collateralized lending to commodity producers.
Founded
1982
HQ
NoidaWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$300M (Jan 2022)
Arya Collateral Valuation
Arya Collateral is currently valued at $300M, based on its Series C in January 2022.
The $46M round was led by Lightrock and Quona Capital.
Arya Collateral's valuation has moved from $300M at its Series C in September 2020 to $300M in January 2022, across 2 priced rounds.
Arya Collateral valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2022 | Series C | $300M |
| Sep 2020 | Series C | $300M |
Arya Collateral Funding History
Arya Collateral has raised a total of $178M across 6 funding rounds, plus 1 secondary share sale.
Arya Collateral's first fundraising round was a $2M Series A in December 2016. The most recent completed round was a $79M Series D in January 2026.
Arya Collateral funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2026 | Secondary | GEF Capital Partners (lead) | - | - | Arya.ag, operated by Arya Collateral Warehousing Services Pvt Ltd, is an integrated grain commerce platform providing farmgate-level agri networks, storage, instant finance, and transparent market linkages to farmers and organizations. It operates across 60% of Indian districts with a network of 12,000 agri-warehouses, aggregating and storing $3 billion of grain annually and enabling over $1.5 billion in loans. The platform has onboarded 10 lakh farmers, helping increase their earnings by 15-20% through services like quick loan disbursal in 20 minutes. Arya.ag raised Rs 725 crore (approximately $80.58 million) in its Series D funding round from GEF Capital Partners in January 2026, comprising about 70% primary capital and the rest from secondary share sales by existing investors. Avendus Capital acted as the exclusive financial advisor, with support from PwC, JSA, and Aeka. The funds will deepen farmer engagement, promote climate-smart agriculture, expand technology access, and reduce post-harvest losses. The company reported net revenue of Rs 300 crore in H1 FY26, up 28% year-over-year, with net profit of Rs 31.5 crore, up 39%. Storage services contribute 55-60% of revenue, interest income 25-30%, and platform fees the remainder. Previously, Arya.ag raised $29 million in a July 2024 pre-Series D from Blue Earth Capital at Rs 2,700 crore valuation and $118.93 million total prior to this round. |
| Jan 2026 | Series D | GEF Capital Partners (lead) | $79M | - | Arya.ag, also referred to as Arya Collateral in the query context, is India's largest integrated grain-commerce platform and the only profitable agritech company at scale. It provides farmgate-level solutions including agri-warehouses for storage, instant finance, transparent market linkages, farm insights, and climate-smart practices to smallholder farmers, farmer producer organizations (FPOs), and agri-enterprises. The platform operates across 60% of Indian districts with a network of 12,000 agri-warehouses, aggregating and storing $3 billion worth of grain annually while enabling over $1.5 billion in loans to agricultural stakeholders. In early January 2026, Arya.ag raised ₹725 crore (approximately $80 million) in its Series D equity round led by GEF Capital Partners, consisting of about 70% primary capital and the remainder from secondary share sales by existing investors. Avendus Capital acted as the exclusive financial advisor, with support from PwC, JSA, and Aeka. The funds will expand engagement with farmers and FPOs, promote climate-smart and market-linked agriculture, reduce post-harvest losses, enhance technology access, set up smart farm centres, increase geographic penetration, and support potential strategic acquisitions. For H1 FY26 (first half of fiscal year 2026, April-September 2025), Arya.ag reported net revenue of ₹300 crore, reflecting 28% year-over-year growth, alongside profits of ₹31.5 crore, up 39% YoY. This underscores its rapid expansion in storage, finance, and commerce segments amid challenges like climate risks, food loss, and credit gaps in Indian agriculture, where over 60% of the workforce is engaged but many lack formal credit. Prior to this round, the company had raised $118.93 million from investors including Lightrock, Asia Impact, and Quona Capital, plus $30 million in debt from HSBC in 2025. |
| Jan 2022 | Series C | Lightrock (lead); Quona Capital (lead) | $46M | $300M | Arya.ag, operated by Arya Collateral Warehousing Services Pvt. Ltd, is an agritech platform providing warehouse and storage services through Arya Collateral, agriculture loans against commodities via Aryadhan, and online marketplace solutions for food grains with Aryatech. In January 2022, it raised $60 million in a mix of equity and debt as part of its Series C round, led by Asia Impact, Lightrock India, and Quona Capital, with debt led by the US International Development Finance Corporation (DFC). The round valued the company at about $300 million. The funds supported platform development, user expansion, and innovative offerings in grain commerce. The startup, originally part of the JM Baxi Group, was acquired in 2013 by co-founders Prasanna Rao, Chattanathan Devarajan, and Anand Chandra, who had prior experience in agricultural commodity finance at ICICI Bank. Arya.ag has maintained profitability since inception, with later financials showing revenue growth to Rs 360 crore and Rs 17 crore profit in FY24, and Rs 450 crore revenue with Rs 34 crore profit in FY25. It has facilitated significant volumes, including Rs 4,500 crore in produce traded and over Rs 12,000 crore in loans against Rs 22,000 crore in produce by 2023-24, with near-zero NPA. Post-Series C, Arya.ag pursued acquisitions like Prakshep in June 2022 for agriculture data science and a partnership with Assert AI for AI expertise in storage, financing, and commerce. Subsequent rounds included a pre-Series D of $29 million (Rs 242 crore) in 2024 led by Blue Earth Capital with Asia Impact and Quona, valuing it at INR 2,400-2,700 crore ($325 million), and a Series D of $80.58 million from GEF Capital Partners. Revenue mix includes 55-60% from storage, 25-30% interest income, and platform fees, competing with StarAgri, DeHaat, and AgroStar. |
| Dec 2020 | Series B | Quona Capital (lead); Omnivore; Lightrock | $21M | - | Arya Collateral Warehousing Services is a Noida-based agri-tech startup providing post-harvest services including warehousing, warehouse receipt financing, rural storage discovery, collateral management and market linkages to farmers, farmer producer organisations (FPOs), financial institutions, SME agri processors, commodity traders and corporate agribusinesses. The company operates through its NBFC subsidiary Aryadhan, which provides credit to farmers and FPOs. In December 2020, Arya closed a Series B round of $21 million in a mix of equity and debt, led by Quona Capital with participation from existing investors LGT Lightstone Aspada and Omnivore, plus additional debt from multiple lenders. The investment followed a pre-Series B round of $6 million in March 2020. At the time of the Series B round, Arya managed over 2.5 million MT of agri commodities across approximately 1,400 warehouses, with 75% of capacity in primary and secondary markets. The company stated plans to grow assets under management 20 times within 3-4 years and facilitate loans worth Rs 7,000 crore through Aryadhan and partner financiers. According to CEO Prasanna Rao, the company had approximately $1 billion in assets under management at the time of the funding. The capital was earmarked for expanding Aryadhan's lending book and strengthening digital post-harvest services and market linkage platforms. |
| Sep 2020 | Series C | Accion; Lightrock; Quona Capital | $24M | $300M | - |
| Mar 2020 | Series B | Omnivore (lead); Lightrock | $6M | - | Arya Collateral Warehousing Services Pvt. Ltd. is a Noida-based agri-tech firm providing post-harvest services including warehousing, warehouse receipt financing through its NBFC subsidiary Aryadhan, rural storage discovery, collateral management, and market linkages to farmers, farmer producer organisations, traders, and agri corporates. The company originated from the JM Baxi Group, with co-founders Prasanna Rao and Anand Chandra acquiring a controlling stake in 2013. It serves small farm-holders and FPOs with bundled solutions. In its pre-Series B round around April 2020, Arya Collateral raised $6 million (Rs 44.13 crore) from impact investors Omnivore and existing backer LGT Lightstone Aspada. The funds were allocated to accelerate growth of its agricultural storage network, expand its warehouse receipt financing book, develop flexible warehouse products, and lay groundwork for a pan-India agri-warehousing marketplace. The company planned to launch its Series B fundraising by mid-2020. Arya later progressed with a Series B round raising $21 million in equity and debt led by Quona Capital, with participation from LGT Lightstone Aspada and Omnivore. |
| Dec 2016 | Series A | - | $2M | - | - |
Who has invested in Arya Collateral?
5 investors have backed Arya Collateral across its funding rounds, including Lightrock, Quona Capital, Omnivore, GEF Capital Partners and Accion.
Lead investors include GEF Capital Partners, Lightrock, Quona Capital and Omnivore.
Arya Collateral Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 London | 4 | Lead | Mar 2020 | |
 Washington, DC | 3 | Lead | Sep 2020 | |
| Washington, DC | 2 | Lead | Jan 2026 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Arya Collateral
Arya Collateral has acquired 1 company to date.
Last acquisition by Arya Collateral was on June 2nd 2022. Arya Collateral acquired Prakshep for undisclosed valuation.
Latest Acquisitions by Arya Collateral
| Description | Prakshep is a Bengaluru-based agritech company delivering crop health monitoring via satellite imagery, machine learning, and analytics. The platform tracks vegetation indices, soil moisture, pest detection, and yield forecasts for farmers in Karnataka, Maharashtra, and Andhra Pradesh. Prakshep partners with ISRO satellites and provides dashboard insights for precision irrigation and fertilizer application. |
| HQ Country | |
| HQ City | Bangalore |
| Deal Date | 2 Jun 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
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Investments by Arya Collateral
Arya Collateral has invested in 1 company to date.
Latest investment by Arya Collateral was on November 4th 2022. Arya Collateral invested in Assert AI in their $2M Seed round.
Latest Investments by Arya Collateral
| Description | Assert AI is a computer vision SaaS provider offering video analytics for security and operations. Its edge-deployable models detect anomalies, count objects, and track movements in retail and smart cities. Headquartered in Singapore, Assert AI processes feeds from cameras without cloud dependency. Established in 2020, the platform monitors sites for clients in Southeast Asia and Australia. |
| HQ Country | |
| HQ City | Mumbai |
| Deal Date | 4 Nov 2022 |
| Round | Seed |
| Raised | $2M |
| Investors | Prashant Purker |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Arya Collateral investments and their VC round multiples. Start Free Trial | |
Arya Collateral Competitors
Arya Collateral competitors include listed companies like Air T, Kingston Wharves and Allane, and private ones like Aeros Corp., Fetchr and Sabi Am.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| United States | Publicly listed | $327M | $110M | $80M | - | |
| Los Angeles, CA | Private | - | - | $300M | - | |
 Dubai | Private | - | - | $300M | - | |
 Lagos | Private | - | - | $300M | - | |
 Jamaica | Publicly listed | $80M | $34M | $300M | - | |
 Germany | Publicly listed | $861M | $370M | $299M | 3.3x |
Arya Collateral Public Comps
Arya Collateral is still privately-owned, but its public comps include Kingston Wharves, Allane, K&S Corp, Maritima de Inversiones, bpost, İş Leasing, Transport Trade Services, Armac Locacao Logistica, JSL SA and Eimskipafelag Islands.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $80M | $34M | 3.4x | - | 8.2x | - | |||
| $861M | $370M | 3.8x | 3.3x | 8.8x | 8.7x | |||
| $530M | $65M | 0.7x | - | 5.6x | - | |||
| $4M | - | 0.0x | - | - | - | |||
| $5.1B | $570M | 0.4x | 0.5x | 4.0x | 3.7x | |||
| $162M | - | 11.8x | - | - | - | |||
| $142M | $20M | 2.2x | 2.0x | 16.2x | 10.9x | |||
| $367M | $140M | 2.1x | 1.9x | 5.4x | 4.8x | |||
This data is available for Pro users. Sign up to see all Arya Collateral competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Arya Collateral
| When was Arya Collateral founded? | Arya Collateral was founded in 1982. |
| Where is Arya Collateral headquartered? | Arya Collateral is headquartered in Noida, India. |
| Is Arya Collateral publicly listed? | No, Arya Collateral is a private, VC-backed company. |
| What is Arya Collateral's valuation? | Arya Collateral was last valued at $300M in its Series C in January 2022. |
| How much funding has Arya Collateral raised? | Arya Collateral has raised $178M across 6 funding rounds. |
| What was Arya Collateral's last funding round? | Arya Collateral's last funding round was a $79M Series D in January 2026, led by GEF Capital Partners. |
| Who are Arya Collateral's investors? | Arya Collateral's investors include Lightrock, Quona Capital, GEF Capital Partners, Omnivore and Accion. |
| Which companies are comparable to Arya Collateral? | Companies comparable to Arya Collateral include Air T, Aeros Corp., Fetchr, Sabi Am, Kingston Wharves and Allane. |
| How many companies has Arya Collateral acquired? | Arya Collateral has acquired 1 company, including Prakshep. |
| How many companies has Arya Collateral invested in? | Arya Collateral has invested in 1 company, including Assert AI. |
| What was Arya Collateral's last investment? | In November 2022, Arya Collateral invested in Assert AI's $2M seed round alongside Prashant Purker. |
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