Samunnati was founded in June 2014 with a vision to make markets instrumental to the prosperity of smallholder farmers. It was Samunnati’s belief that mainstream financial markets, driven by a lop-sided sense of risk, were blind to the inherent potential of agriculture. Powered by a deep understanding of how agricultural value chains worked, Samunnati looked for ways in which financial services along with other integrated solutions could elevate these supply chains to a higher equilibrium. Samunnati’s solutions are specifically tailored to factor in cash flow patterns, seasonality and the nature of collateral in these supply chains.
Samunnati is Elevar’s first meaningful investment focused on agriculture in India and we believe it leverages the inherent scalability of financial services business models to cater to a large, underserved segment.
Samunnati empowers smallholder farmers and agricultural enterprises by providing access to markets through financial intermediation, market linkages and advisory services.
The estimated credit potential in India for a few top value chains in Samunnati’s portfolio is over $30 billion.