Aspada Investment Company has invested an undisclosed amount in Arya Collateral Warehousing Services Pvt Ltd, to strengthen the post-harvest value chain of agriculture commodities.
The Noida-based Arya provides a range of post-harvest agriculture value chain services to farmers and farmer producer organisations, banks, agri processors and corporate end-users. These services include aggregation, collateral management, professional warehousing and facilitation of financial and market linkages.
Arya will use the money to extend its reach to small-hold farmers and farmer producers organisations in primary markets not served by existing companies, and offer warehousing services and short-term financing through partnerships with banks and non-banking finance companies.