Specialised agri value chain solutions provider Samunnati has completed 100% acquisition of farmer-centric agri supply chain platform Kamatan, the startup announced in a statement.
With this partnership, Samunnati and Kamatan hopes to enhance their combined market linkage outreach to Farmer Producer Organizations (FPOs), small traders, farmer aggregators, and agri SMEs – helping them connect to corporate buyers and drive higher farmer income.
Kamatan’s expertise in agricultural institution building, farming best practices, farmer collectives, distribution, logistics and technology coupled with Samunnati’s holistic solutions approach through Aggregation, Market Linkages and Advisory services (AMLA) is expected to help agri value chains operate at a higher equilibrium, Samunnati said.
This integration of the two organisations is expected to accelerate Samunnati’s journey towards becoming a full spectrum agri solutions service provider, thus consolidating its leadership position in the space, the company added.
“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… We look forward to bringing the benefits of our joint synergies to FPOs and agri enterprises across the nation,” Samunnati Founder and Chief Executive Officer Anilkumar S.G. said.
According to Kamatan Farm founder and chief executive Pravesh Sharma, the agri sector in India is poised at an inflection point with enormous potential for the emergence and growth of inclusive value chains, owing to the push for self-sufficiency.
“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,” Sharma said.