Tag: Samunnati

Samunnati back in the black for FY24 on higher disbursals to agri units, FPOs

Crime Today News - 07/05/2024
[ad_1] Agri-value chain financier Samunnati is back in the black for the financial year 2023-24 on higher disbursals to agri enterprises and farmer producer organisations (FPOs). The company reported a profit before tax (PBT) of ₹21.8 crore during FY23-24 against...

Samunnati raises $5 million in debt from Enabling Qapital

Crime Today News - 24/04/2024
[ad_1] Agri value chain financier, Samunnati has raised $5 million in debt funding through an external commercial borrowing (ECB) from Enabling Qapital, a global impact investment advisory firm. In financial year 2023-24, Samunnati had raised $155 million comprising $132 million...

Samunnati eyes lending to climate, sustainability initiatives in agriculture

Crime Today News - 05/04/2024
[ad_1] As it enters its tenth year of operations, agri-value chain financier Samunnati says the gross transaction value (GTV) through its interventions in Indian agriculture is seen topping $3 billion (₹22,000 crore) and the company plans to focus on lending...