Tuesday, December 17, 2024
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Samunnati Issues Rs. 50 Crore Green Bond to Boost Climate-Smart Agriculture

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Agri value chain enabler has launched its first Rs. 50 crore green bond, with Northern Arc Capital as the primary subscriber. The funds will drive climate-smart agriculture solutions across India’s agricultural value chains, supporting smallholder farmers and promoting sustainable development.

“This milestone reflects our commitment to sustainable finance and environmental responsibility,” said Anil Kumar, CEO and Founder of Samunnati. He emphasized the partnership with Northern Arc as a step towards empowering rural communities and fostering a greener future.

Founded in 2014, Samunnati operates across 100+ agri-value chains in 23 states, connecting with over 6,500 farmer collectives. The company aims to impact one in four farming households by 2027.

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