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Agritech Supply Chain Origo Performs First Securitized Transaction In Capital Markets

Date: 06 Oct, 2020 / Source: the Banking & Finance Post
 

Origo Commodities, agritech supply chain and trade finance company has joined hands with financial services enabler Vivriti Capital in a bid to execute a new asset class of securitized commodities in the country. Origo’s asset classes will be available to institutional investors, introducing agri commodities to capital markets.

Origo offers end-to-end agriculture supply-chain solutions namely procurement, storage, and financing.

The first securitized transaction has already concluded by purchasing maize in the Gulab bagh area of Bihar, for the transaction worth Rs 7 crores and aiming at Rs 100 crores for the current fiscal year.