Chennai-based Samunnati Financial Intermediation & Services Pvt Ltd has acquired agri-supply chain platform Kamatan in an all-stock deal to position itself as an end-to-end agri-solutions service provider.
Through the acquisition, Sammunnati is expected to benefit from the last-mile benefits of digitalisation to farmer producer organisations (FPOs) and help Samunnati to expand its footprint in the central and northern parts of India, where Kamatan has a strong base with over 50 farmer producer organisations.