India: Samunnati Financial in talks with PE firms to raise $35m

India: Samunnati Financial in talks with PE firms to raise $35m

Agricultural paddy

Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial company (NBFC) specializing in loans to farmers and entities engaged in agriculture, plans to raise around ₹250 crore (around $35 million) from private equity (PE) firms as it looks to grow its business, said two people aware of the development.

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