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Agri value chain enabler Samunnati raises $4.6 Mn debt fund from Symbiotics

Shortpedia

Content Team
Image Credit: Inc42

Agritech startup Samunnati announced today that it has raised a debt fund of $4.6 Mn from market access platform Symbiotics. The proceeds of the deal are fully allocated towards climate smart agriculture. Due to this, the deal is also known as the Green Bond. Prior to this deal, Samunnati acquired agri-supply chain platform Kamatan in an all-stock deal to position itself as an end-to-end agri-solutions service provider.