Social VC Investments
Agri-fintech startup Samunnati secures $5-M debt from Enabling Capital
Tamil Nadu-based agri-finance company Samunnati has raised USD 5 million in debt funding from Enabling Qapital, a global impact investment firm.In FY24, the firm had raised USD 155 million, including USD 132 million in debt and the rest in equity. So far, it has raised funds from USDFC, Credit Saison, Tata Capital, Poonawalla, Hinduja Leyland Finance, Wint Wealth, Altifi, Alteria Capital, and Anicut Capital.Established in 2014, Samunnati offers financial, co-financial and non-financial solutions to marginal, small and medium farmers, agri enterprises, and wholesale/retailers. The company specialises in value chain finance, agri value chains, financial services, non-financial services, agricultural finance, and market linkage.
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