Samunnati raises Rs 2,300 crore in FY25, onboard 12 new prominent lenders

Samunnati, an agri-value chain enabler based in India, has raised Rs 2,300 crore in debt funding during the 2024-25 fiscal year, reflecting a 50% jump from the previous year.

It has diversified its sources of lending, leveraging debt market instruments, securitization, and increased bank exposure, which has enabled it to onboard 12 new prominent lenders, bringing the total lender relationships to 46.

Among the new banking relationships are the State Bank of India, Indian Overseas Bank, Federal Bank, Kotak Mahindra Bank, Karur Vysya Bank and ESAF Small Finance Bank.

Several development finance institutions such as Blue Earth, USDFC and Enabling Qapital also joined, along with NBFCs like Piramal, Shriram Finance and Ambit.

Strong growth and enhanced liquidity  

This infusion of funds allowed Samunnati to register a Gross Transaction Value of more than Rs 7,000 crore. The company also posted a 30% increase in its average Assets Under Management, which now stands at Rs 2,000 crore.

Despite a tight liquidity environment, Samunnati maintained an average monthly liquidity of Rs 142 crore, a 65% increase over the previous year.

"Samunnati remains committed to enabling agri value chains and its players with customised solutions that empower the value chain players and promote impact-driven growth in the agriculture sector. Our ability to raise capital efficiently, even in a challenging liquidity environment, is a testament to the trust our lending partners have placed in us. As we continue to scale, our focus remains on empowering smallholder farmers, farmer collectives and agri-enterprises with innovative solutions," said Anil Kumar SG, Founder of Samunnati.

Focus on sustainable solutions  

Founded in 2014, Samunnati provides both financial and non-financial support to marginal, small and medium farmers, along with agri-enterprises and supply chain participants.

The firm now operates across more than 100 agricultural value chains in 23 states, aiming to reach one in every four farming households by 2027. As part of its efforts to advance sustainability, Samunnati became the first NBFC in the agriculture sector to list a green bond on the Bombay Stock Exchange in FY25.

The company has lined up a debt pipeline of over Rs 600 crore for the first quarter of 2025-26.