Chennai-headquartered agri-fintech begin-up Samunnati on Monday announced the acquisition of Kamatan Farm Tech, a farmer-centric agri provide chain platform, for an undisclosed quantity. With this partnership, Samunnati and the Delhi-based begin-up Kamatan hope to boost their combined market place linkage outreach to farmer producer organisations (FPOs), smaller traders, farmer aggregators, and agri SMEs — assisting them connect to corporate purchasers and drive larger farmer revenue.
Anilkumar SG, founder and CEO, Samunnati stated, “We are impressed with the rapid growth momentum Kamatan Farms has witnessed. They have built efficient supply chains for all farm produce, leveraging technology to reduce wastage and inefficiencies, while linking producers and bulk buyers in a seamless, transparent, and value-driven relationship. This has a strong correlation with Samunnati’s work with FPOs on the supply side and agri enterprises on the demand side across 20 states in India. We look forward to bringing the benefits of our joint synergies to FPOs and agri enterprises across the nation.”
Kamatan Farms is a logistics and provide chain firm constructing inclusive and sustainable agri worth chains. Kamatan sources farm generate straight from farmers and farmer producer organisations (FPOs) and customises the provide model for each and every purchaser to make certain the utmost efficiency of the provide chain. The firm has assisted farmers in implementing ideal practices in generating, harvesting, packaging and transporting generate, guaranteeing that the worth they get for their generate is substantially larger than what regular provide chains provide.
“The agri sector in India is poised at an inflexion point with enormous potential for the emergence and growth of inclusive value chains, owing to the push for self-sufficiency. We are excited about Kamatan’s integration with Samunnati, as we both share a vision to make agri value chains more inclusive, transparent and efficient. We are confident that our combined efforts will result in a bigger bouquet of services reaching a larger number of FPOs and agri enterprises and together we will create new milestones of growth in serving the needs of the agri community,’” stated Pravesh Sharma, a former IAS officer and co-founder and CEO, Kamatan Farm Tech.