Sustainable Agro-commercial Finance Ltd. (SAFL) is a private sector Non-banking Financial Company in India that focuses on providing agri, MSME, and retail loans. The company, founded in 2011, aims to serve small farmers and rural communities comprehensively, with a strong emphasis on farmer empowerment and rural prosperity. SAFL is promoted by Jain Irrigation Systems Limited (JISL), with International Finance Corporation (IFC) and Mandala Capital AG Ltd as notable shareholders. SAFL has obtained approval from the RBI to undertake activities as an NBFC, and it is the first NBFC in the private sector in India that provides agri-loans with a diverse range of financing options. Headquartered in Mumbai, India, SAFL currently has 67 offices across Maharashtra, Karnataka, and Madhya Pradesh, with plans for a pan-India presence in the next 5 years. The recent $17.90MVenture Round investment led by Mandala Capital in April 2015 underscores investor confidence in SAFL's mission and potential.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round - Sustainable Agro | $17.90M | 1 | Mandala Capital | 08 Apr 2015 |
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