Dubai, United Arab Emirates – 09/05/2024 – Equitane, a diverse conglomerate of sustainable and innovative businesses, is proud to announce a strategic investment of $5 million USD in Samunnati, India's largest agricultural enterprise.
This investment underscores Equitane’s commitment to fostering sustainable development and promoting innovative practices in critical sectors like agriculture.
Samunnati, renowned for its expansive agri-network, is poised to unlock the trillion-dollar potential of Indian agriculture, with a keen focus on empowering smallholder farmers. Operating across more than 100 agri-value chains in 23 states in India, Samunnati reaches over 8 million farmers through its 6500+ Farmer Collectives. By 2027, Samunnati aims to impact one in every four farming households in India, further solidifying its position as a powerhouse in agri-commerce and agri-finance solutions.
Anil Kumar SG, Founder and Group CEO of Samunnati, has been instrumental in guiding the company toward its ambitious goals. Under his leadership, Samunnati is dedicated to building a resilient Farmer Producer Organization (FPO) Ecosystem, enabling the entire agri-value chain through innovative technologies, and addressing environmental challenges with climate-smart and regenerative agricultural practices.
Equitane’s Group CEO, Anish Jain, commented on the partnership, saying, "Our investment in Samunnati aligns perfectly with Equitane’s mission to lead responsible industrial development across the globe. Samunnati’s commitment to enhancing the productivity and sustainability of the agricultural sector mirrors our own values of making a positive impact through innovation. We are excited to support Samunnati as they continue to transform the agricultural landscape in India and beyond."
About Equitane:
Equitane is a global conglomerate dedicated to creating sustainable and innovative solutions across various industries. With a mission to drive responsible development worldwide, Equitane supports companies that align with its vision of integrating sustainability into their business practices. The group’s diverse portfolio includes leading subsidiaries in renewable energy, healthcare, agribusiness, and technology, all united in their commitment to fostering innovation and making a positive societal impact.
About Samunnati:
Founded by Anil Kumar SG, Samunnati is India’s largest agricultural enterprise, focused on unleashing the potential of Indian agriculture through an extensive network that centers smallholder farmers. With innovative agri-commerce and finance solutions, Samunnati is dedicated to improving efficiency and productivity within the agricultural sector, aiming to reach significant milestones in growth and sustainability by 2027