Samunnati raises Rs 50 cr NCD via Wintwealth Platform
This milestone has not only fortified Samunnati’s capital base but also paved the way for retail investors to directly participate in the growth of Indian agriculture, making them key contributors to a more inclusive and resilient rural economy.
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CHENNAI: In a major step toward enhancing capital access for the smallholder farmers, Samunnati, India’s leading agri-value chain enabler, has successfully concluded its latest Rs 50 crore NCD (Non-Convertible Debenture) tranche through the digital bond platform Wintwealth.
The total fund raised via Wintwealth platform has now reached Rs 160 crore. This milestone has not only fortified Samunnati’s capital base but also paved the way for retail investors to directly participate in the growth of Indian agriculture, making them key contributors to a more inclusive and resilient rural economy. Anil Kumar SG, founder-CEO, Samunnati, said, “As we gear up for the next phase with a planned Rs 300 cr raise, we remain committed to creating impact at scale across the agri value chain.”
“Sebi’s reforms have made the bond market accessible to retail investors, and they can now invest in listed bonds at ticket sizes as low as Rs 10,000. It’s heartening to see the overwhelming response that Samunnati’s listed bonds have received. This capital infusion is enabling much-needed financial momentum in India’s agriculture sector,” said Anshul Gupta, co-founder, Wintwealth.
