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Samunnati completes Rs 381 Cr in Pre-Series E funding

EntrackrEntrackr · 7m ago
Samunnati completes Rs 381 Cr in Pre-Series E funding
Medial

Samunnati, an agri enterprise focused on enabling inclusive growth across agri-value chains, has raised Rs 42.5 crore (around $5 million) in equity from Agri-Biz Capital Delaware LLC. This marks the first equity infusion for FY 2025-26 and brings the total Series E funding to Rs 381 crore. In the previous fiscal year, Samunnati raised $135 million in funding from several lenders, including USDFC, Credit Saison, Tata Capital, Poonawalla Fincorp, Hinduja Leyland Finance, Wint Wealth, Altifi, Alteria Capital, and Anicut Capital. Founded in 2014, Samunnati operates as a specialized agri value chain enabler offering customized financial and non-financial solutions. Its unique approach focuses on addressing the critical gaps in the agriculture ecosystem by linking farmers to markets, facilitating credit access, and improving farm productivity. The company works extensively with Farmer Producer Organizations (FPOs), agri SMEs, and agri-tech firms, serving over 6,000 farmer collectives and impacting millions of smallholder farmers across the country. With its presence in over 100 agri value chains and operations across more than 25 states, Samunnati’s product suite includes working capital finance, trade facilitation, supply chain solutions, capacity building, and market access support.

Agri-supply chain startup Bull Agritech raises $100K

EntrackrEntrackr · 1y ago
Agri-supply chain startup Bull Agritech raises $100K
Medial

Agri-supply chain startup Bull Agritech has raised $100,000 in a new funding round from Akassh Patel and Nilesh Bhalala (BuilditIndia founders), Shashin Patel (SCC Infrastructure, MD), and others. The startup has raised a total of Rs 1.5 crore in the last four months as part of the pre-seed round. Founded by Hit Desai, Bull Agritech is an agri-supply chain startup focussed on creating a commodity supply chain by using technology and their network of farmers and commodity processors. According to Bull Agritech, the funds will be used to expand into new regions, double the number of collection centers and broaden commodity portfolios. It will also onboard talent to drive operational efficiency and innovation. The startup claims to have facilitated trades worth Rs 35 crore in the last 24 months, with over 6,000 farmers choosing to sell their crops through Bull instead of relying on local APMCs. It reported 200% year-on-year growth, and is committed to sustaining 25% month-on-month growth.

Agritech startup Arya.ag gets $19.8 Mn debt commitment from DFC

EntrackrEntrackr · 1y ago
Agritech startup Arya.ag gets $19.8 Mn debt commitment from DFC
Medial

Grain commerce platform Arya.ag has secured a $19.8 million commitment from the United States International Development Finance Corporation (DFC) to guarantee a debt facility for its agri-commerce subsidiary, Aryatech. Arya.ag has become the first agritech startup to get close to secure two financing rounds in 2024, following a $29 million equity raise in July. The new funds will bolster Arya.ag’s capacity to connect farmers and farmer producer organizations (FPOs) with buyers nationwide, ensuring payment security, transaction transparency, and better market access, as noted in the company’s press release. Arya.ag connects sellers and buyers of agricultural products, facilitating efficient commerce and reducing waste to benefit the entire market. By integrating warehouse discovery, farmgate-level storage, finance, and market linkages, the company offers an end-to-end solution that builds trust across the agricultural value chain. Currently operating in 60% of India’s districts, Arya.ag manages over 11,000 agri-warehouses and claims to aggregate and store $3 billion worth of grain annually, while facilitating the disbursement of over $1.5 billion in loans to smallholder farmers, FPOs, and other stakeholders. Arya.ag reported a profit for the fiscal year ending March 2023. The company’s gross scale grew by 49.48% year-on-year to Rs 290 crore in FY23, while its profit surged 11-fold to Rs 7.58 crore during the same period. According to the company, its net revenue rose to Rs 360 crore in FY24, with a net profit of Rs 17 crore. Arya.ag has yet to file its audited annual report for the last fiscal year. Arya.ag competes with companies like DeHaat, Ninjacart, and Bijak. Following a substantial fundraising boom in 2021 and 2022, agritech startups are now facing challenges in securing venture capital for larger funding rounds. Data compiled by TheKredible indicates that agritech startups have raised approximately $170 million across more than 30 deals in 2024 to date.

Crop price and mandi discovery platform ONO raises seed round

EntrackrEntrackr · 1y ago
Crop price and mandi discovery platform ONO raises seed round
Medial

Agritech startup ONO has raised Rs 11 crore in its seed round led by Aeravti Ventures, with participation from Indigram Labs. The proceeds will be used to empower the agricultural supply-chain, and inclusive economic growth opportunities for farmers and ecosystem players across India’s APMC/MANDI network. Founded by Rama Rao Kancharapu, ONO is a crop price and mandi discovery platform for farmers. According to the company, its multisided agritech platform promotes transparency and increases trust across the agri ecosystem. The startup helps in providing access to formal credit, price intelligence, market discovery, and operational inefficiencies. Since its inception, ONO claims to have made significant strides, operating in six states across 45 APMCs/MANDIs, with over 30,000 partners onboarded and transactions spanning seven commodities. Early-stage venture capital firm Aeravti Ventures announced the first close of its inaugural Rs 100 crore fund in May last year. Soon after the fund launch, it invested in intelligent supply chain platform FreightFox.

Agritech firm Arya.ag raises over $80 Mn in Series D from GEF Capital

EntrackrEntrackr · 4d ago
Agritech firm Arya.ag raises over $80 Mn in Series D from GEF Capital
Medial

New Delhi-based agritech firm Arya.ag has raised Rs 725 crore (around $80.3 million) in its Series D round from GEF Capital Partners. Last month, Entrackr had exclusively reported that GEF Capital is leading a round in Arya.ag. Over the past year, Arya.ag has closed two fundraises. In July 2025, the company raised $29 million in an equity round, while its agri-commerce arm Aryatech secured a $19.8 million commitment from the US International Development Finance Corporation (DFC) to guarantee a debt facility. The new proceeds will be used to deepen Arya.ag’s engagement with farmers and farmer producer organisations (FPOs), expand climate-smart agriculture initiatives, and strengthen its technology-led solutions across the post-harvest supply chain. The company said it will also deploy the funds to reduce farm-gate and supply-chain losses, while improving access to finance and market linkages for smallholder farmers. Founded in 2013 by Prasanna Rao, Anand Chandra, and Chattanathan Devarajan, Arya.ag operates an integrated grain commerce platform spanning pre-harvest advisory, storage, finance, and trade. Its model allows farmers to decide when and where to sell their produce, backed by farm-level data, warehousing, and credit access. Arya.ag runs a network of Smart Farm Centres and provides services such as agri storage, instant financing, and transparent market access. The platform currently operates across 60% of Indian districts with a network of 12,000 agri-warehouses, handling nearly $3 billion worth of grain annually and enabling over $1.5 billion in agricultural loans. For the fiscal year ended March 2025, Arya.ag posted revenue of Rs 447 crore, while its profits widened 70% year-on-year. The company also reported Rs 32 crore profit in H1 FY26.

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