Intellecap exclusively advised Arya Collateral Warehousing Services Private Limited ("Arya" or "Company"), in raising an undisclosed investment amount from Aspada Investment Company ("Aspada"). Arya provides a range of post-harvest services to various stakeholders across the agriculture value chain. These include collateral management, professional warehousing services (including aggregation, primary processing and storage) and financial and market linkages.
Speaking on the investment, Arya's Managing Director, Prasanna Rao said, "Our strong association with banks and agri end-users provides a unique platform for smallholders and their organisations to seamlessly integrate into the value chain through effective financial and market linkages. With this partnership, we will be able to leverage these strengths. Aspada's extensive experience in the agri supply chain and logistics sectors will help us realize further value for our clients"
Anand Chandra, Executive Director of Arya added, “This investment from Aspada will help catalyze creation of vibrant commodity ecosystems much closer to the farmgate through scientific post-harvest infrastructure and innovative financial products"
"Produce at the village level is not sufficient to have large warehouses for grain storage. This lack of warehouses and adequate infrastructure, limits farmer financing at the village level, thus forcing the farmers to sell their produce at the time of harvest at lower than appropriate prices. With its on ground experience and expertise, Arya is well equipped to address these gaps with appropriate storage infrastructure and financial linkages at the primary production market centres" says Sarvesh Kapoor, who leads the agri services practice for Investment Banking at Intellecap, which acted as the exclusive advisors to Arya on the fund raise transaction.
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