India: NBFC Samunnati in talks with PE firms to raise up to $70m

India: NBFC Samunnati in talks with PE firms to raise up to $70m

Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial company (NBFC) specializing in loans to farmers and entities engaged in agriculture, is in talks with global private equity firms General Atlantic (GA) and Warburg Pincus to raise around $50-70 million, two people aware of the development said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter