DFPCL, Samunnati join hands to offer farmers crop-based advisory

Featured in BusinessLine

Move to improve yields, quality and earnings for farmers

Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) has announced a tie-up with Samunnati, a specialised agri value chain-enabler that offers customised financial, co-financial and non-financial solutions to stakeholders across the agri value chain.

With this tie-up, DFPCL will offer crop-based advisory to help farmers under FPOs across four States to improve yields, quality and earnings. The tie-up will also facilitate access to farm credit at affordable rates. As per the Memorandum of Understanding (MoU), the FPOs will be able to access crop-based advisory and agri-inputs through DFPCL along with the customised finance options through Samunnati.

DFPCL’s Crop Nutrition Business President Mahesh Girdhar said in the press statement, “Armed with the required information and scientific knowledge of crop nutrition, DFPCL will guide the FPOs and associated farmers under the Samunnati umbrella for a better yield and with a mission to transform their lives for the better.”

“We have been working with 500 FPOs across 19 States in India with a mission to make markets work for smallholder farmers. We believe this partnership will enable FPOs and their farmer members gain access to timely inputs and capacity building/ advisory services, ultimately creating better incomes and livelihood,” said Anil Kumar SG, Founder and CEO, Samunnati.

You might also like

50 Start-ups to Look Out for in 2019!

1 December 2018

50 Start-ups to Look Out for in 2019!

Farmers in the country have a long history of undergoing and fighting arduous battles. Samunnati is a Chennai based NBFC...

Samunnati raises INR 387 crores Series D funding from global investment manager, Nuveen and existing investors

28 March 2019

Samunnati raises INR 387 crores Series D funding from global investment manager, Nuveen and existing investors

Chennai, May 28, 2019: Samunnati (Samunnati Financial & Intermediation Services Private Limited), a specialised agricultural value chain enabler providing working...

Samunnati to launch digital transformation platform FPOnext.com for FPOs

25 June 2023

Samunnati to launch digital transformation platform FPOnext.com for FPOs

Featured in The hindu businessline The platform will be unveiled on August 15, says its founder and CEO Anilkumar SG Samunnati,...

Samunnati Sees Increase in Lending for Climate-Smart Agri Projects

1 December 2021

Samunnati Sees Increase in Lending for Climate-Smart Agri Projects

Featured in BusinessLine Samunnati expects lending to double over the next 2 years Agri value chain financier Samunnati expects its lending...