Samunnati secures US $16 MN credit financing from Blue Earth Capital

22-Jun-2024 - 0 Comments.

Samunnati, a leading agri value chain enabler, has raised its single largest debt tranche of Rs 133 crores ($16 million) during the first quarter of FY 24-25 from Blue Earth Capital, a Swiss headquartered global impact investment firm.

Arya.ag, Shivalik Bank partners to empower farmers with INR 200 Crore in commodity financing

14-Mar-2024 - 0 Comments.

Arya.ag, India's leading integrated grain commerce platform, has partnered with Shivalik Small Finance Bank to provide vital financial assistance to farmers, agro-processors, and micro-enterprises.

SLCM’s agri-financing arm Kissandhan on-boards more than 9600 women loan beneficiaries

15-Nov-2022 - 0 Comments.

Kissandhan, India’s leading Multi Asset Agri Finance NBFC and a subsidiary of the SLCM Group, has on-boarded more than 9600 plus women loan beneficiaries through its BC (Business Correspondent) Partnership Lending Programme and disbursed more than 413.40 Million of loan to them.

Nutrition Technologies closes USD 20m equity financing

21-Sep-2022 - 0 Comments.

Agri-biotech business Nutrition Technologies, based in Singapore, secured USD 20 million in equity capital.

Ayekart raises USD 5.5 million in debt and equity to support growth

13-Sep-2022 - 0 Comments.

Ayekart, a startup in the agri-fintech sector, has raised USD 5.5 million from Siply, a fintech platform, and Caspian Debt, a corporate lending financial institution. The Latter provided about USD 2.5 million in debt financing, and former provided over USD 2.8 million in equity finance.

Samunnati open agri network enters co-lending partnership with State Bank of India for financing FPOs

Samunnati, India's Open Agri Network has entered into the largest Co-Lending partnership in India aimed at the Farmer Producer Organization (FPO) space with SBI, India's largest bank. The initial program amount is INR 100 Crores.

DLL India sells its agriculture, healthcare finance portfolio to Kotak Bank

11-Jul-2022 - 0 Comments.

Kotak Mahindra Bank, a private sector lender, announced that it has purchased the portfolio of agricultural and medical equipment financing from De Lage Landen International BV's Indian business (DLL). With this, the bank has acquired 25,000 new clients with a credit balance of roughly INR 582 crore.

Go Green Warehouse raises undisclosed funds through structured debt financing

Go Green Warehouses Private Limited, an integrated commodity management solutions provider, announced the raising of structured debt finance from a domestic financial institution.

Govt sanctions INR 12831 crore under National Agriculture Infra Financing Facility

18-Apr-2022 - 0 Comments.

As on 28 March 2022, INR 663.9 crore have been sanctioned in Rajasthan for 824 projects and out of which INR 390.5 crore have been disbursed for 552 projects.

Morocco receives USD 180m loan from World Bank to support sustainable agriculture

28-Mar-2022 - 0 Comments.

The World Bank recently approved a USD 180m Investment Project Financing (IPF) loan to support resilient and sustainable agriculture in Morocco.

Uzbekistan gets USD 200m financial support from World Bank

26-Mar-2022 - 0 Comments.

The World Bank’s Board of Executive Directors approved a USD 200m financing package for the Second Rural Enterprise Development Project (REDP) aimed at supporting the establishment and expansion of farms and rural enterprises in 10 regions of Uzbekistan.

World Bank supports food security, higher incomes of farmers vulnerable to climate change in Bangladesh

16-Mar-2022 - 0 Comments.

The government of Bangladesh and World Bank signed a USD 120m financing agreement to help improve the irrigated agricultural and fisheries production and increase the incomes of 170,000 poor people vulnerable to climate change.

Krishify startup in agritech receives USD 6.2m in pre-series A round from Omnivore

25-Feb-2022 - 0 Comments.

Krihify, an agricultural tech platform, has raised USD 6.2m in a pre-Series A round led by venture capital fund Omnivore. Existing investors Ankur Capital, Omidyar Network India, and Orios Venture Partners were also involved in the financing round.

NeML partners with FINCHAIN for trade financing

02-Dec-2021 - 0 Comments.

NCDEX e Markets Limited (NeML), India’s leading integrated e-Markets platform for commodities and intangibles, announced its agreement with FINCHAIN Technologies to provide trade-financing options.

Financing sustainable agriculture key to address climate change vulnerability: CFA Institute report

25-Nov-2021 - 0 Comments.

CFA Institute, the global association of investment professionals, has called for a concerted effort from Indian Banks, Venture capital (VC) investors, multilateral development institutions, and Indian policymakers, towards catalysing private capital for sustainable agriculture.

Arya collaborates with SBM Bank India for commodity financing

16-Aug-2021 - 0 Comments.

Arya recently announced that it has tied up with SBM Bank India for commodity financing. The former has formed a strategic partnership with the latter to reinforce its competencies in financing solutions.

Arya partners with State Bank of Mauritius to fortify its presence in commodity financing

13-Aug-2021 - 0 Comments.

Arya, India's largest post-harvest Agritech player forays into a strategic partnership with SBM, India to reinforce its competencies in financing solutions.

Govt releases funding for APMCs under Agriculture Infrastructure Fund scheme

09-Aug-2021 - 0 Comments.

India government has launched the Central Sector Scheme of financing facility under Agriculture Infrastructure Fund (AIF) to boost Agriculture Infrastructure relating to Post-Harvest Management (PHM) and Community Farming Assets in the country.

Otipy raises USD $10.2 mn in Series A led by SIG, Omidyar

19-Jul-2021 - 0 Comments.

Otipy, India’s community group buying platform for fresh produce, raised a Series A financing of USD $10.2 million (Rs 76 crores) led by SIG. Omidyar Network India, Innoven Capital and existing investors IPV (Inflection Point Ventures), Pravega, and FactorE also participated in the round.

Cabinet approves modifications in Central Sector Scheme of financing facility under ‘Agriculture Infrastructure Fund’

09-Jul-2021 - 0 Comments.

The Union Cabinet chaired by Hon’ble Prime Minister Narendra Modi gave its approval to the following modifications in the Central Sector Scheme of Financing Facility under ‘Agriculture Infrastructure Fund’.

Netafim Agricultural Financing Agency raises USD $50 mn from Phoenix Group, Cogito Capital

26-Apr-2021 - 0 Comments.

Netafim Agricultural Financing Agency Pvt. Ltd. (NAFA), an agri-focused NBFC and a subsidiary of Netafim Singapore, has raised USD 40 million via external commercial borrowing (ECB) from the Phoenix Group and Cogito Capital, both Israel based investors.

Aquaconnect launches financial risk management service AquaCRED

29-Sep-2020 - 0 Comments.

Aquaculture startup Aquaconnect launches a full-stack technological intervention AquaCRED. This aims to bring a formal financial network to small and medium aquaculture farmers by working on risk assessment based financing strategy.

NCDC sanctions INR 19444 Cr for MSP operations support to States during Kharif season 2020-21

28-Sep-2020 - 0 Comments.

National Cooperative Development Corporation (NCDC), the apex financing organization of the agriculture ministry has sanctioned as the first installment, funds amounting to INR 19444 crores to the states of Chhattisgarh, Haryana, and Telangana for Kharif paddy procurement under Minimum Support Price (MSP) operations.

PM's new finance initiative of INR 100,000 Cr agriculture infra fund catalytic for agri-infra development: FAIFA

15-Aug-2020 - 0 Comments.

The Federation of All India Farmer Associations (FAIFA), a non-profit organization representing the cause of millions of farmers and farm workers of commercial crops has lauded Prime Minister Narendra Modi’s INR 100,000 crore Agriculture Infrastructure Fund financing facility.

PM launches financing facility of INR 100,000 crore under Agriculture Infrastructure Fund

10-Aug-2020 - 0 Comments.

Prime Minister Narendra Modi launched a new Central Sector Scheme of financing facility under the Agriculture Infrastructure Fund of INR 100,000 crore.

Cabinet approves financing facility under 'Agriculture Infrastructure Fund'

09-Jul-2020 - 0 Comments.

The cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to a new pan India Central Sector Scheme-Agriculture Infrastructure Fund.

Post-harvest agri startup Aryadhan Financial Solutions disburse INR 100 Cr loan

29-Jun-2020 - 0 Comments.

Aryadhan Financial Solutions Pvt Ltd, the financing arm of post-harvest Agri startup Arya has crossed the book size of Rs.100 Crores.

SLCM agri­ financing arm raises INR 29 Crores through Symbiotics Group

25-Dec-2018 - 0 Comments.

Delhi based Agri­ Logistics group Sohan Lal Commodity Management (SLCM)’s NBFC arm Kissandhan has today announced the raising of INR 29 Crores through an issue of non-convertible debentures that were subscribed by AAV Sarl, an affiliate of global impact investment company Symbiotics Group