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

Rethinking India’s agricultural ecosystem

4 June 2020

Rethinking India’s agricultural ecosystem

Featured in ET Insights Agriculture, as we all know, has uncertainties and seasonalities. In addition to monsoon, pest and disease incidence,...

Samunnati NBFC launches FPOnEXT, a structured plan for FPO finance

24 June 2021

Samunnati NBFC launches FPOnEXT, a structured plan for FPO finance

Featured in The Economic Times Chennai-headquartered NBFC Samunnati has launched FPONEXT – an exclusive network of entities that are working with...

Watch: Why Accel partner Prashanth Prakash is bullish on the new crop of agri-tech startups

3 December 2020

Watch: Why Accel partner Prashanth Prakash is bullish on the new crop of agri-tech startups

Featured in Tech Circle Agri-tech has benefitted from the smartphone boom as well as asset-light technology companies addressing challenges in the...

ET Startup Awards 2020 | And The Winners Are…

18 January 2021

ET Startup Awards 2020 | And The Winners Are…

Featured in The Economic Times The Covid-19 pandemic brought out the true mettle of startups as entrepreneurs faced emotional, mental and...