Through this strategic partnership, Arya.ag acts as a Business Correspondent for the bank, facilitating over 200 crores in warehouse receipt financing in the current financial year.
Arya.ag, an integrated grain commerce platform, has partnered with Shivalik Small Finance Bank to provide financial assistance to farmers, agro-processors, and micro-enterprises. Through this strategic partnership, Arya.ag acts as a Business Correspondent for the bank, facilitating over 200 crores in warehouse receipt financing in the current financial year.
Digital solutions like Arya.ag act as a conduit in regions where traditional banking infrastructure faces challenges. Partnerships like these democratise access to financial services, ensuring equitable pricing and a consistent supply of credit for farmers and Agri-MSMEs, reads the company statement.
Anand Chandra, co-founder of Arya.ag, said, "This partnership offers assurance to financial institutions and creates a more inclusive ecosystem for small agri-stakeholders—a true win-win for all."
Anshul Swami, Managing Director and CEO of Shivalik Small Finance Bank, said, “Arya.ag's expertise and dedication have provided an additional layer of professional assurance at all levels, increasing our reach and market penetration at a never-before speed. Together, we are happy to make a difference in the lives of those who need it the most."
These partnerships anchor their operations on the twin pillars of technological innovation and robust banking frameworks for the benefit of the smallest of stakeholders, reads a company statement.
Recently, Arya.ag partnered with Crystal Crop Protection to enhance farm productivity by providing insights into crop dynamics. "Our satellite crop monitoring solutions, powered by advanced AI and ML technologies, aim for a sustainable future,” said a statement.