Samunnati (registered as a Non-Banking Financial Company) is a company focused on agri value chains, aims to enhance the value of all players across the value chain, by providing financial intermediation, market linkages, and advisory services.
Samunnati is a specialized Agri Value Chain enabler that provides innovative and customized financial and non-financial solutions.
Samunnati was founded in November 2014, by Anil Kumar and is headquartered in Chennai, Tamil Nadu, India.
Samunnati stands for collective growth, collective prosperity and collective elevation and in its journey of last three years, focusing exclusively in Agri & Allied activities, has its presence in more than 12 value chains spread over 12 states.
Samunnati leverages on the social capital and trade capital in buyer seller relationships via Samunnati Aggregators (SA), through non-traditional sourcing, risk assessment and mitigation, aided by cutting edge technology, thereby building quality business that is sustainable and results in inclusive growth.
Samunnati works with over 250 Community Based Organisations / 100+ Agri Enterprises that are collectively serving about one million predominantly small holder Farmers, in about 112 districts of India.
Samunnati is backed by Nuveen, Elevar Equity, responsAbility, Accel Partners, Teachers Insurance and Annuity Association of America (TIAA) and others. The company raised $55M from a "Series D" financing on May 28, 2019. The round brings Samunnati's total funding to $82.5M to date.