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Gurugram based Origo Commodities raised 80Cr to intensity farm logistics and financing.

Origo

Origo Commodities has risen funding of Rupees 80Cr with the help of Unitus Capital based out in Bangalore, which acted as the financial advisor for this funding. The Origo provide the management services for agriculture after post-harvest. The fundraisers for the Origo are Oikocredit, Triodos Investment Management, and Caspian SME Impact Fund IV.

The Gurugram based company started in the year 2010; Co-founders are Sunoor Kaul and Mayank Dhanuka, and the CEO of the company Brij Raj Singh. The motto of the company to provide solutions after the post-harvest to minimize losses and maximize the profits for farmers, financial institutions, traders, bulk buyers, processors, middleman, and warehouse owners. Origo is in 15 states with 500 warehouses, with the storage capacity of 3.5 MMT. The team of 1000 people working daily all over the country to provide continued services to the customers. The company listed in the fortune India 40 under 40 in the year 2016.

The company giving different with the subsidiary name Origo finance, having 18 branches Andhra Pradesh, Karnataka, Maharashtra, and Telangana with the clients base of 3,500.

The Co-founders said in a statement after fundraiser we are so excited to collaborate with the different companies, planning to reach out product to people who are looking for help in financing and logistics.

 

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Written by Editorial Staff

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