Samunnati raises ₹50 cr via Wintwealth, total funding hits ₹160 cr

This move highlights Samunnati’s commitment to blending financial innovation with rural impact.

With plans to raise another ₹300 crore, Samunnati continues to bridge gaps between smallholder farmers and formal capital, leveraging SEBI reforms that now allow retail bond investments starting at ₹10,000. | Photo Credit: istock.com

Agri value chain enabler Samunnati has concluded its latest ₹50 crore NCD (Non-Convertible Debenture) tranche through the digital bond platform Wintwealth. This is an important milestone, as the total fund raised via Wintwealth platform has now reached to impressive ₹160 crore, the company said in a statement.

This proactive approach to fundraising and strategic partnerships underscores its commitment to financial innovation and rural development. This milestone has fortified Samunnati’s capital base and paved the way for retail investors to directly participate in the growth of Indian agriculture, making them key contributors to a more inclusive and resilient rural economy.

“Our journey with Wintwealth has not just been about raising capital—it’s about building trust, access, and opportunity,” said Anil Kumar SG, Founder & CEO, Samunnati. “We deeply value our partnership with the Wintwealth team, whose innovative platform has opened up new avenues for channeling capital to where it is most needed. As we gear up for the next phase with a planned ₹300 Cr raise, we remain committed to creating impact at scale across the agri value chain,” he said.

You might also like

Samunnati raises $55 million from US-based Nuveen

28 March 2019

Samunnati raises $55 million from US-based Nuveen

Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial company (NBFC) specializing in loans to farmers and entities engaged...

Samunnati – GrainPro Partnership Takes Off to Boost Income of Smallholder Farmers

17 May 2021

Samunnati – GrainPro Partnership Takes Off to Boost Income of Smallholder Farmers

Featured in GrainPro In the midst of the COVID-19 global health pandemic, smallholder farmers are facing unprecedented challenges. That’s why a...

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...

How financial institutions can plan for climate change

21 November 2023

How financial institutions can plan for climate change

Featured in The hindu businessline V Nivedita talks to AnilKumar SG, founder and CEO, Samunnati Financial Intermediation & Services Private Limited,...