India: Samunnati raises $24m from responsAbility Investments, others

Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial services company (NBFC) focusing on loans to farmers and entities engaged in agriculture, on Tuesday said it raised Rs150 crore in a round led by responsAbility Investments AG, with participation from existing investors Accel Partners and Elevar Equity.

responsAbility is a Zurich-headquartered social impact investment firm with over $3 billion in assets under management. The latest investment is from its dedicated agriculture fund.

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