Latest News | Samunnati FY25 Borrowings Rise 50 Pc to Rs 2,300 Cr

Mumbai, Apr 4 (PTI) Agri value chain enabler Samunnati on Friday said its FY25 borrowings increased 50 per cent to Rs 2,300 crore.

The company also said it has added 12 more banks to the list of institutions that lend to it, and also accessed the debt market and securitisation avenues, as per a statement.

Also Read | TNUSRB SI Recruitment 2025: Notification Released For 1,299 Sub-Inspector Vacancies at tnusrb.tn.gov.in; Know Age Limit, Eligibility Criteria and Other Important Details.

Also Read | Famous Birthdays on April 4: Parveen Babi, Robert Downey Jr., Maya Angelou and Harvey Elliott - Know About Celebrities and Influential Figures Born on April 4.

***** French tech firm Linedata acquires Nroad

* French technology firm Linedata on Friday announced the acquisition of financial data processing firm Nroad for an undisclosed sum.

Nroad provides AI-enabled automated unstructured financial data processing solutions and has an office in Pune, as per a statement.

***** Incred Alternative Investments secures commitments of over Rs 600 cr

* Incred Alternative Investments on Friday said it has secured commitments of over Rs 600 crore in its maiden special situations credit fund.

A clutch of domestic and offshore limited partners have made the commitments, it said in a statement.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)