Equitane Invests $5 Mn in Samunnati

Featured in DTNext

Samunnati, renowned for its expansive agri-network, is poised to unlock the trillion-dollar potential of Indian agriculture, with a keen focus on empowering smallholder farmers.

Equitane, a diverse conglomerate of sustainable and innovative businesses, has made a strategic investment of $5 million in Samunnati, India’s largest agricultural enterprise. This investment underscores Equitane’s commitment to fostering sustainable development and promoting innovative practices in critical sectors like agriculture.

Samunnati, renowned for its expansive agri-network, is poised to unlock the trillion-dollar potential of Indian agriculture with a keen focus on empowering small hold farmers. Operating across more than 100 agri-value chains in 23 states in India, Samunnati reaches over 8 million farmers through its 6500+ Farmer Collectives. By 2027, Samunnati aims to impact one in every four farming households in India, further solidifying its position as a powerhouse in agri-commerce and agri finance solutions.

Anil Kumar SG, founder-group CEO, Samunnati, has been instrumental in guiding the company toward its ambitious goals Equitane’s Group CEO, Anish Jain, said, “Our investment in Samunnati aligns perfectly with Equitane’s mission to lead responsible industrial development across the globe.”

You might also like

This ex-banker’s agri-fintech startup has disbursed loans worth Rs 6,000 Cr to 4M farmers

12 March 2021

This ex-banker’s agri-fintech startup has disbursed loans worth Rs 6,000 Cr to 4M farmers

Featured in YourStory Veteran banker Anilkumar SG’s initiation into rural finance happened in 2007, when he joined IFMR Trust, and was tasked with developing...

Agricultural lending is not risky

2 October 2018

Agricultural lending is not risky

Samunnati, the Chennai-based NBFC operating in the agricultural space, has a unique model to fund agri-related activities. While most financial...

Fatal and non-fatal damages to the farmers also affect their dependents: Says Anilkumar SG, CEO, and founder at Samunnati

4 October 2021

Fatal and non-fatal damages to the farmers also affect their dependents: Says Anilkumar SG, CEO, and founder at Samunnati

Featured in indiacsr Agriculture employs a huge margin of the Indian population. Though we do not often acknowledge it, agriculture has...

Samunnati raises Rs 33 crore from Symbiotics

6 February 2019

Samunnati raises Rs 33 crore from Symbiotics

CHANDIGARH: Chennai-based Samunnati Financial Intermediation and Services Pvt. Ltd, an agri value chain finance firm has successfully executed the issuance...