Samunnati Cements AgriTech Leadership, Acquires FPO-centric Agri Supply Chain Platform ‘Kamatan’
Samunnati, a specialized agri value chain solutions provider has announced the acquisition of farmer-centric agri supply chain platform, Kamatan.
Samunnati, a specialized agri value chain solutions provider has announced the acquisition of farmer-centric agri supply chain platform, Kamatan.
With this partnership, Samunnati and Kamatan hope 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.
Recognising the impact a technology-led approach to agriculture can create, Samunnati has joined hands with Kamatan to bring the last-mile benefits of digitalisation to FPOs and agri enterprises. Further, 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.
This integration of the two organizations is expected to accelerate Samunnati’s journey towards becoming a full spectrum agri solutions service provider, thus consolidating its leadership position in the space.
Commenting on the acquisition Anilkumar S G, Founder and CEO, Samunnati said, “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.”
Pravesh Sharma, ex- IAS officer and Co- Founder and CEO, Kamatan Farm Tech Pvt. Ltd. said, “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 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.''
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