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Chennai-based agricultural value chain enabler Samunnati raises Rs 42.5 crore in funding

  • Chennai-based agricultural value chain enabler Samunnati raises Rs 42.5 crore in equity funding from Agri-Biz Capital Delaware LLC.
  • The funding round is part of the firm's Series E equity raise, totaling over Rs 381 crore, focusing on agri-fintech and supply chain resilience in India's rural economy.
  • Samunnati, operational since 2014, works with farmer producer organizations, agri-SMEs, and agritech firms to provide agri-financing, market linkages, and advisory services across 25 states and 100 agricultural value chains.
  • The company's funding partners include Nuveen, Accel, Elevar Equity, Equitane, responsAbility, and a mix of domestic and international lenders, amounting to over Rs 1,150 crore in the previous fiscal year.

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