Agri-finance startup ONO has raised $1.2 million in a pre-Series A funding round led by Aeravti Ventures, with participation from Angels and Tremis Capital. The round marks Aeravti Ventures’ second investment in ONO, after previously backing the company at the seed stage.

Founded by Rama Rao Kancharapu and David Pokuri, ONO is building a data and AI-led platform for India’s post-harvest agriculture economy. Its focus is on helping Agri-SMEs, farmers, traders, transporters and buyers work through a more organised system of market intelligence, pricing insights, logistics support and access to formal credit.

The fresh capital will be used to strengthen ONO’s technology infrastructure, enter newer markets and deepen its lending ecosystem.

ONO currently operates across 12 states and more than 125 districts. The company says it serves over 1.3 lakh participants in the agriculture ecosystem, has more than 2,000 paid subscribers and has facilitated payouts exceeding Rs 200 crore.

The startup also says it has enabled the movement of more than 25,000 metric tonnes of produce through long-distance agricultural trade routes, pointing to the growing role of digital systems in post-harvest agri-logistics.

A key part of ONO’s next phase is lending. The company has acquired a significant stake in an NBFC to improve credit access for Agri-SMEs, a segment that often struggles to get timely and structured financing through traditional channels.

At a time when India’s agriculture trade is slowly moving from informal networks to data-backed systems, ONO is positioning itself at the intersection of finance, logistics and market intelligence. Its bet is simple: post-harvest agriculture can become more efficient only when trade visibility, movement of goods and credit access work together.

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