Samunnati raises ₹42.5 crore from Agri-Biz Capital Delaware

Latest fund-raise takes total pre-series E equity to over ₹381 crore

Last financial year, the company had secured total funding of ₹1,158 crore from a set of diverse institutions like USDFC, Credit Saison, Tata Capital, Poonawalla Fincorp, Hinduja Leyland Finance, Wint Wealth, Altifi, Alteria Capital and Anicut Capital

Agri value chain enabler Samunnati has raised ₹42.5 crore in Series E equity funding from Agri-Biz Capital Delaware LLC. This equity infusion is the first for FY 2025-26 and takes the total Pre-Series E equity raised till date to more than ₹381 crore, the company said.

This strategic investment from Agri-Biz Capital Delaware LLC, significantly enhances Samunnati’s capital base and further strengthens the overall financial position of the Samunnati Group. Agri-Biz Capital Delaware LLC is one of Samunnati’s long-term partners, along with other marquee investors like Nuveen, Accel, Elevar Equity, Equitane and responsAbility and others who have backed Samunnati’s differentiated model and long-term growth trajectory.

The fresh infusion underscores the strong investor confidence in Samunnati’s integrated approach that combines financial services, market linkages, and advisory support to unlock value for smallholder farmers, farmer collectives and agri-enterprises alike.

Source: https://www.thehindubusinessline.com/economy/agri-business/samunnati-raises-425-crore-from-agri-biz-capital-delaware/article69625102.ece

You might also like

Samunnati is back in the black for FY24 on higher dispersal to Agri units, FPOs

7 May 2024

Samunnati is back in the black for FY24 on higher dispersal to Agri units, FPOs

Featured in The hindu businessline Clocks PBT of ₹ 21.8 crore against a loss of ₹ 129.7 crore in previous year  Agri-value chain financier Samunnati...

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

2 September 2020

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...

Samunnati acquires FPO-centric agri supply chain platform Kamatan

12 April 2021

Samunnati acquires FPO-centric agri supply chain platform Kamatan

Featured in Your Story Samunnati, an agri value chain enabler, on Monday announced the acquisition of farmer-centric agri supply chain platform,...

Open agri network Samunnati eyeing over 50 pc growth in revenue at Rs 6,600 cr in FY24

24 June 2023

Open agri network Samunnati eyeing over 50 pc growth in revenue at Rs 6,600 cr in FY24

Featured in The hindu businessline Samunnati has around 5,500 FPOs registered on its platform, 50 per cent of which are borrowers...