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HomePosts Tagged "SLCM"
Company News, Finance, India, Warehousing

Kissandhan is revolutionising the way farmers, aggregators, traders, and Farmer Producer Organisations (FPOs) access financing.

In a major achievement, SLCM has made a profound impact on the lives of over 78,000 small and marginal farmers, along with more than 23,000 women borrowers, through its financial wing, Kissandhan.

Kissandhan empowers farmers and stakeholders to secure loans of up to Rs 5 Crore by pledging their commodity stocks stored in SLCM’s state-of-the-art warehouses. This significant milestone not only highlights SLCM’s dedication to the agricultural community but also represents a game-changing moment for the company.

Kissandhan, with its diverse range of products, including Commodity Based Finance (CBF), Financing FPOs and Business Correspondent (BC), has facilitated cumulative disbursements of Rs 2773 Crores and issued 48,936 warehouse receipts. This remarkable milestone underscores SLCM’s commitment to the agricultural community.

Kissandhan is revolutionizing the way farmers, aggregators, traders, and Farmer Producer Organisations (FPOs) access financing. SLCM understands the critical role FPOs play in supporting member and non-member farmers during crucial periods such as the procurement of inputs like seeds, fertilizers, and pesticides, as well as during harvesting. Kissandhan ensures that FPOs receive timely loans, enabling them to extend this support to farmers. As a result, farmers receive instant funds when they need them most, leading to improved livelihoods.

 Sandeep Sabharwal, Group CEO, SLCM, expressed his pride in achieving this milestone, stating, “Kissandhan initiative is a testament to our unwavering commitment to the well-being of farmers. We are thrilled to have made a positive impact on the lives of over 65,000 small and marginal farmers and more than 23,000 women borrowers. As we move forward, SLCM remains dedicated to introducing more innovative solutions that will empower the agricultural community and drive positive change in the sector.”

SLCM is also fostering Business Correspondent Partnerships for building retail book with Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs) through Kissandhan. This initiative provides NBFCs engaged in Agri & Allied activities with loan limits of up to Rs 15 Crores for lending to small and marginal farmers. By doing so, Kissandhan is bridging the gap in rural credit access and empowering marginal farmers in agriculture.

This milestone reflects SLCM’s ongoing efforts to redefine agricultural financing in India. By leveraging technology and a deep understanding of the needs of farmers and FPOs, SLCM through Kissandhan has not only transformed lives but also ensured that the future of agriculture in India is poised for growth and sustainability.

Kissandhan is revolutionising the way farmers, aggregators,

Climate, Environment, India, Sustainability

This includes eco-friendly alternatives to conventional products, promoting recycling and waste reduction, using sustainable materials, and offering carbon-neutral or carbon-negative services

Many SMEs or startups are developing and implementing green technologies to reduce carbon emissions. These technologies include renewable energy solutions like solar panels, wind turbines, and energy-efficient systems that help minimise greenhouse gas emissions. 

These SMEs and startups are also focusing on developing and offering sustainable products and services. This includes eco-friendly alternatives to conventional products, promoting recycling and waste reduction, using sustainable materials, and offering carbon-neutral or carbon-negative services.

Climate change poses a formidable and urgent challenge in our era, wherein the agricultural industry emerges as a notable contributor to the release of greenhouse gases. Population growth has fueled higher food demand, leading to emissions from various agricultural activities. At SLCM, we recognise the importance of going green and have implemented initiatives like Agri Suraksha and solar cameras. These measures have saved 72 tonnes of CO2 emissions annually. We are committed to taking further actions to ensure the safety and security of agricultural produce while progressing towards sustainability says, Sandeep Sabharwal, Group CEO, of Sohan Lal Commodity Management (SLCM)

Rajamanohar Somasundaram, Founder and CEO of, Aquaconnect adds With the world population having crossed the 8 billion mark, the pressure on food systems is intense, pushing us to redefine the way we produce and consume. Farmed seafood, one of the most sustainable forms of protein production, is steadily emerging as a viable alternative to meet the nutritional requirements of this rapidly growing population. However, producing clean and sustainable protein requires collection action- from the government, impact organisations, startups, and all the players across the seafood value chain. There is a pressing need to promote and implement decarbonisation measures through intelligent tech intervention. 

Aquaconnect is focused on building scalable tech models that leverage artificial intelligence and Geo-Spatial technology to decarbonise the seafood value chain. From quantifying emissions and measuring carbon footprints to strategising countermeasures. We believe that the strides we make today can help consumers make responsible choices tomorrow, thereby making the seafood sector a significant player in the global combat against climate change.”

Packaging is one of the industries that generate maximum plastic pollution and needs to work on more sustainable options that are as durable as plastic and are the best alternative to plastic. Achieving a completely sustainable alternative to plastic is not going to be easy but at Bambrew we aim to do so and are working towards it. The packaging that we have developed is 100 per cent sustainable and decomposable and in many ways is as durable as plastic. There is a need to identify the pain points when it comes to the end consumer and burst the myths associated with sustainable options, one being the pricing. The government too has understood the cause of the problem and is taking many initiatives like the ban on single-use plastics. To date, at Bambrew we have been able to save more than 20,000 tonnes of plastic and we aim to save more as we strive to grow and are able to replace plastic with our sustainable business model. Says Vaibhav Anant, Founder, and CEO, of Bambrew

Dr Vibha Tripathi, Founder & MD, of Boon (a water tech startup), says “Indian start-ups and SMEs are leading a green revolution by promoting energy-efficient technology, supply chain management, waste reduction, and production processes. 

We being a water-tech startup are pioneering the NetZero Water Initiative. Under this initiative, Boon is replacing plastic water bottles with sustainable glass water bottles across sectors including hospitality, corporates, and government. We have been able to save 548,459 kg of carbon emissions equivalent to planting 26144 trees. We are on a mission to beat plastic pollution while making drinking water accessible and affordable.”

This includes eco-friendly alternatives to conventional products,

Agrotech, Company News, India, Logistics, Supply Chain

This one-stop digital platform has enlisted every stakeholder involved in the agricultural ecosystem-from loaders to exporters.

SLCM, a global post-harvest Agri-Logistics company, has launched its proprietary listing platform under Agri Reach Application. This platform has enlisted every stakeholder involved in the agricultural ecosystem-from Loaders, Truckers, Warehouses, Financers, Packaging Material Providers, Traders, Processors, Retailers, and Millers to Exporters. It aims to provide a one-stop destination akin to a shopping complex but for those in the field of agriculture, making it ideal for those seeking in-house solutions for all their agri-needs.

Currently, the platform has 100,000+ listings, and the goal is to increase this to 500,000+ by the end of the financial year. Besides just mere listing, the platform provides complete details of the offerings of each category with a backend to ensure a culmination of an inquiry into the physical delivery of the service /product. 

The platform ensures highest standards of transparency in terms of information availability and accessibility. This element is an integral part of SLCM’s initiative to integrate and standardize an otherwise scattered sector. The platform utilizes advanced technological tools like AI, ML, and Data Analytics while ensuring that the user experience is optimized and easy.

While the listing platform is immediately accessible through the mobile apps that can be downloaded from Google & Apple store, whereas the web portal is scheduled to go live soon. The brand has also planned BTL activities, including social media awareness through YouTube videos, WhatsApp, distribution of flyers, and more.

Through this endeavour, SLCM proposes to create a ‘highway’ to ‘complete digitization,’ enabling agriculture stakeholders to streamline their day-to-day operations by leveraging the power of this cutting-edge platform. Simply put, this platform is an embodiment of the Phygital initiative of SLCM.

Prashant Sharma, the Head of the Technology division, said, “This cutting-edge platform sets itself apart by leveraging technological innovation and offering a comprehensive solution to all stakeholders in the agricultural ecosystem. With a focus on seamless integration and user-centric design, our platform transforms the listing experience, providing complete details of each category and facilitating close collaboration and networking of different agri services and products. This opens up further avenues for future changes in the ecosystem, laying the foundation for enhanced efficiency and collaboration within the agricultural sector”.

Sandeep Sabharwal, Group CEO of Sohan Lal Commodity Management, said, “Technology and innovation are the cornerstones of SLCM. This platform will allow the desired service to reach those working on the ground by bridging the gap between their offerings and the digital ecosystem. From the bottom up, this platform will assist in building an online directory of all stakeholders and participants in the sector.”

This one-stop digital platform has enlisted every

Company News, India

Kissandhan aims to impact the livelihood of small farm holders and their families

Kissandhan, India’s leading Multi Asset Agri Finance NBFC and a subsidiary of the SLCM Group, on-boards more than 9600+ women loan beneficiaries through its Business Correspondent (BC) Partnership Lending Programme and disbursed more than Rs 413.40 Million of loan to them.

Sandeep Sabharwal, CEO, SLCM Groupsaid, “Throughout our journey, we have always felt the scarcity and need for women in agriculture. Kissandhan aims to impact the livelihood of small farm holders and their families. The loan benefits to women is our next step in the process. We feel delighted and proud that our programme has crossed the mark of 9,600 women loan beneficiaries, and we wish to double this number in the coming year.”

“Kissandhan is an initiative that intends to minimise this disparity and recognise women and their significant role in livelihood generation and thus give them the desired access to capital to improve their social and economic standing”. Till date, Kissandhan has disbursed loan of Rs 25 billion and impacted about half a million farmers, Agri traders, Agri Processors etc.

Kissandhan aims to impact the livelihood of

Agrotech, Supply Chain, Warehousing

Agri Reach is capable of establishing industry-standard warehouse operations anywhere across the country within 24 hours

Sohan Lal Commodity Management Private Limited, India’s leading Post Harvest Management Group (SLCM Group) has recently announced the receipt of ‘Patent Certificate’ from the Patent Office, Government of India for its application titled “Methods for Real Time Data Management” filed on December 16, 2013. SLCM Group is the only company in the Indian Agriculture sector that has registered a technology patent in the Agri Logistics (Warehousing) segment till date that is spanning 75 years post-Independence.

Agri Reach, SLCM Group’s proprietary solution, allows real-time monitoring and management of crops. Under the umbrella, the invention offers a diverse set of services such as audit receipts, quality control, and surveillance. Agri Reach is capable of establishing industry-standard warehouse operations anywhere across the country within 24 hours.

Commenting on this achievement, Sandeep Sabharwal, Chief Executive Officer, SLCM Group, said, “Observing the increasing pace of technology penetration, I had the vision of ‘Phygitalising’ the warehouse management system over a decade ago. With a dedicated team of professionals, we created ‘Agri Reach’ – a system that enables effective warehousing solutions agnostic of infrastructure, geography, and crops. With firm belief in our innovation and a passion to improve Indian agriculture, we applied for the patent 9 years ago. Today, it gives me immense pleasure to say that our patent application has received its accreditation from the Government of India. This brings us one step closer to revolutionising agriculture at the ground level.”

The impact of Agri Reach implementation across the business verticals of SLCM Group has resulted in remarkable growth, which is considered as an industry benchmark. In 2017, SLCM Group was handling Assets Under Management (AUM) worth Rs 1010.9 Crore per day. In comparison to this, the current outstanding AUM handled by the company per day has a net worth of Rs 5322.75 Crore (as on March 20, 2022).

Agri Reach is capable of establishing industry-standard

AgroPolicy, Finance, Foodgrains

This association will connect traders and processors with six leading private and public sector banks of India through SLCM Group.

Sohan Lal Commodity Management (SLCM), India’s leading holistic service provider in the global post-harvest space for agricultural commodities has signed an agreement with the Tamil Nadu Foodgrains Marketing Yard (TFMY) in order to provide finance against commodities stored in the TFMY warehouse facility.

Tamil Nadu Foodgrains Marketing Yard (TFMY) is a unique project that aims to provide necessary infrastructures for Cereals, Pulses and Staples (CPS) for Milling Cluster in and around Madurai. The project is being implemented under the Chairmanship of S Rethinavelu, Chairman and Managing Director. He is also the Senior President of Tamil Nadu Chamber of Commerce & Industry, Madurai.

The traders and processor can stockpile their produce in the warehouse and apply for finance against warehouse receipts.

Commenting on the association, Sandeep Sabharwal, Chief Executive Officer, SLCM Group, said, “The agreement with TFMY is a major step towards promoting the ease of financial inclusion for Agri traders and processors. Our strong relations with six leading private and public sector banks of India will be pivotal in enabling easy access to financial help for commodity depositors in warehouse. We are humbled that the Tamil Nadu government has placed its confidence in us.”

SLCM will be monitoring the goods and crops stored against each individual depositor using its proprietary solution ‘AgriReach’ that allows real-time monitoring and management of crops and in specific SLCM will be using its cutting edge technology of surveillance ‘Agri Suraksha’ which is part of the Agri Reach umbrella for monitoring, staff interaction, as well as surveillance of the selected warehouse. The organisation’s corporate headquarters in New Delhi are equipped to provide round-the-clock monitoring of produce across the country via mobile phones, handhelds, computers, etc.  

This association will connect traders and processors