Home » Azaylla, Agri-Tech Company Secures Pre-Series A Funding from Insitor Impact Asia Fund II

Azaylla, Agri-Tech Company Secures Pre-Series A Funding from Insitor Impact Asia Fund II

by Surya Narayan
0 comment

 Azaylla, a leading Agri Tech company in Cambodia, announced that it has received Pre-Series A funding from “Insitor Impact Asia Fund II”, an impact investment fund managed by Insitor Partners.

The company will use the new funding to expand its sustainable and socially responsible agri-business network, utilizing technology to supply supermarkets, hotels, restaurants, and caterers with local products. The company sources fresh produce from small – scale farmers and co-operatives across the country.

Parth Borkotoky Azaylla’s CEO and Chairman of its board of directors

“We will make it possible for all Cambodian farmers and manufacturers to have access to a larger consumer base.”

Parth Borkotoky, Azaylla’s CEO and Chairman of its board of directors

To simplify the process for professionals in the food business to buy local products, the company will introduce a B2B online platform. The platform offers reliable price and up-to-the-minute availability by combining consumer information, market data, and curation.

Currently, Vietnam and Thailand are the two neighboring countries from which Cambodia imports the majority of its fresh products. By helping farmers in improving crop quality, raising yields, and gaining access to loans, Azaylla promotes the domestic market.

Insitor Partners, a Singapore-based impact fund manager, has made nine investments in Cambodia with this investment in Azaylla.

Insitor, which was established in Phnom Penh in 2009, supports early-stage business owners who are creating life-changing solutions for low-income customers in developing Asia. Over 50 million low-income customers across the region have been impacted by the fund’s 29 investments.

Source: Einpresswire

You may also like

Leave a Comment

Explore The Better Cambodia

A vibrant media hub focusing on Cambodia’s remarkable successes and heartening stories. Stay connected to the nation’s progress and be inspired by its promising future.

Newsletter

Sign up for The Better Cambodia's newsletter to receive the latest articles and stories. Stay informed and inspired with our positive content!

Latest News

Copyright © 2023 The Better Cambodia. All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

Newsletter!

Sign up for The Better Cambodia's newsletter to receive the latest articles and stories. Stay informed and inspired with our positive content!

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00