From Loans to Securitization: Why Indian Agribusinesses Are Rewiring Working Capital
State of Agritech - 24th July 2026
In Today’s Edition:
1/ From Loans to Securitization: Why Indian Agribusinesses Are Rewiring Working Capital
Farmart and few exporter friends in the agripreneur community are increasingly preferring working capital securitization models to address their working capital needs. Double clicking on Unnati’s ₹17 crore debt raise from Recur Club, an AI-native debt platform.
2/ Making Sense of a Phoenix called Ninjacart
How has Ninjacart’s 2023 reboot evolved thus far? What is Ninjacart’s Private Mandi strategy? How to understand their recent fundraise?
3/ Making Sense of Anmasa’s fundraise
88% of India's wheat flour market is unorganized and local mills struggle with hygiene and consistency. Can Anmasa formalize this market with all its attendant complexity?
4/ The Whole Truth Chocolates Vs Manam Chocolates
The Whole Truth and Manam both make chocolate with Indian cacao. The Whole Truth buys dried beans. Manam buys wet cacao fruit. What does cacao sourcing of Whole Truth Foods and Manam tell us about the tradeoffs the founders have made in their agripreneurship journeys?
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