Samunnati Secures $131M to Uplift India’s Farmers and Redefine Agriculture
Samunnati Transforms Agri Finance at Scale
A smallholder farmer in Tamil Nadu stands in her field, using a mobile app to access a loan for better seeds and connect with a buyer offering a fair price. This is the transformative ecosystem Samunnati is building. Headquartered in Chennai, the AgriTech-finance pioneer is redefining Indian agriculture by bridging credit, commerce, and capacity for millions. In the first half of FY25, Samunnati raised $131 million (INR 1,123 crore) in debt funding from leading institutions like Kotak Mahindra Bank, Indian Overseas Bank, and Blue Earth Capital, generating buzz on X and LinkedIn. This capital forms part of the $280 million raised over 18 rounds, pushing its valuation to INR 2,520 crore ($302 million). With a presence across 23 states, serving 8 million+ farmers, and a Gross Transaction Value (GTV) exceeding $1.15 billion, Samunnati is changing how India’s $350 billion agriculture sector works—one farmer at a time.
Rooted in Chennai, Reaching Millions
Founded in June 2014 by Anil Kumar SG, Samunnati operates across 100+ agricultural value chains, partnering with over 6,500 Farmer Producer Organizations (FPOs) to serve 8 million farmers. Its AMLA approach—Aggregation, Market Linkage, and Advisory—offers tailored loans, market access, and training, from financial literacy to climate-smart farming. With a presence in 23 states, Samunnati’s 409 employees (as of November 2024) deliver solutions like the FPO Next platform and Unnati, a mobile-first loan system compliant with RBI guidelines. Its focus on sustainability, with 22% of its lending portfolio dedicated to climate-smart practices, has made it a darling of impact investors like Blue Earth Capital and USDFC.
Historical Funding Rounds
Samunnati’s $131 million debt funding in H1 FY25 is a blockbuster, lighting up LinkedIn and X with praise for its farmer-first vision. Secured from 14 new lenders, including Kotak Mahindra Bank, Indian Overseas Bank, ESAF, Karur Vysya Bank, and impact investors like Blue Earth and Enabling Qapital, this capital builds on a stellar track record:
- Seed and Early Rounds (2015–2018): Early funds from Elevar Equity and Accel kickstarted Samunnati’s financial and advisory services.
- Series A–D (2018–2021): Investments from Responsibility, Nuveen, and others scaled its network to 19 states, with $55 million in equity in 2019.
- 2021–2024 Debt Rounds: $155 million (INR 1,158 crore) in FY24 from USDFC, Credit Saison, and others fueled acquisitions like Kamatan.
- H1 FY25 Debt Funding: $131 million (INR 1,123 crore), including INR 480 crore from new lenders, to expand operations and sustainability initiatives.
- Green Bond Milestone: In December 2024, Samunnati became the first AgriTech NBFC to list a INR 50 crore green bond on the Bombay Stock Exchange, backed by Northern Arc Capital.
This $131 million will scale Samunnati’s financial and non-financial services, like loans for seeds and market linkages for crops, while pushing into new regions and sustainable practices. Its 2021 acquisition of Kamatan strengthened its end-to-end solutions, and the green bond supports projects like drip irrigation and organic farming.
Transforming Lives, Field by Field
Samunnati’s impact is life-changing. Farmers see 15–25% income boosts by accessing loans and markets directly, cutting out middlemen. Its advisory programs, like commodity research and financial literacy workshops, empower FPOs to scale sustainably. In FY24, Samunnati’s disbursements hit INR 3,525.6 crore, up 27% from INR 2,775.8 crore, with sales from its agro-commerce arm rising 31% to INR 2,210 crore. Its GTV reached INR 5,835 crore ($703 million), with half of its $1,156 million lifetime GTV achieved in the last 18 months. A 2025 FPO Conclave in Hyderabad, uniting 500+ FPOs, sparked X posts praising Samunnati’s role in sustainable agriculture. “Samunnati is committed to transforming the lives of smallholder farmers,” said Anil Kumar SG. “This funding empowers us to scale our impact, connect more farmers to markets, and drive sustainable innovation.”
A Sustainable Future
LinkedIn posts from industry leaders highlight Samunnati’s 30% growth in Assets Under Management (AUM) to INR 2,000 crore in FY25, with a pipeline of INR 600 crore for Q1 FY26. Its green bond, third party-certified for sustainability, underscores its eco-friendly push, with 22% of loans supporting climate-smart practices like soil restoration. “Samunnati’s holistic approach is reshaping India’s agricultural landscape,” said a Blue Earth Capital spokesperson. “We’re proud to support their vision of building resilient value chains.”
Samunnati’s numbers are impressive: INR 2,550 crore in revenue for FY24 and a profit before tax of INR 21.8 crore, a turnaround from an INR 129.7 crore loss. Its lender base, now 46 strong, includes SBI, Axis Bank, and Piramal, reflecting trust in its model. Over 5,500 investors subscribed to its bonds via online platforms, showing widespread confidence. Samunnati aims to reach by 2027, impacting 10 million farmers across 28 states.
This is a story of hope, the farmer who can now afford better inputs, the FPO leader learning sustainable techniques, the consumer enjoying fresher produce. Samunnati’s Unnati app feels like a trusted ally, guiding farmers with data-driven advice. With plans to deepen climate-smart financing and expand to new value chains, Samunnati is setting a global agritech standard. Its mission— “Unlock the trillion-dollar potential of Indian agriculture with smallholder farmers at the center”—is thriving, one loan, one market link, one farmer at a time.
Ready to scale your agri startup? Connect with incubators offering funding — Explore Now