India’s largest grain commerce platform Arya.ag has acquired Prakshep, a Bengaluru-based agricultural knowledge science firm, for an undisclosed quantity.
Arya.ag connects sellers and patrons of agri produce, offering full assurance on amount, high quality and funds. With over 10,000 commodity storage factors throughout the nation, the Noida-based startup gives year-round provide to SME and company patrons with embedded financing choices.
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“Prakshep’s tech-led proposition finds a pure match because it allows a digital identification for each grain that traverses the worth chain and builds in transparency when it comes to the place it was grown and the journey it has made,” stated Prasanna Rao, co-founder, Arya.ag.
The acquisition will strengthen Arya’s relationships with different stakeholders within the agri worth chain like farmers producer group (FPOs), processors and corporates, banks and insurance coverage corporations.
“By way of this partnership, we will present our customers many extra new choices based mostly on knowledge, scientific analysis, and analytics, creating belief and transparency in all our transactions,” stated Avijeet Singh, CEO, Prakshep.
