Funding to enhance seasonal working capital capabilities as the company advances sustainable agriculture initiatives and prepares for future equity raises
New Delhi, India (June 23, 2026) Unnati Agri (Akshamaala Solutions Pvt. Ltd.), one of India’s leading integrated agri-input platforms, has secured ₹17 crore in debt financing from Recur Club, an AI-driven debt platform serving startups and small and medium-sized enterprises (SMEs).
The funding will be utilized to strengthen seasonal working capital requirements, support inventory procurement, and enhance distribution capabilities following Unnati’s merger with Gramophone. The integration combines Unnati’s wholesale distribution network with Gramophone’s farmer-focused digital platform, creating one of the country’s largest integrated agri-input ecosystems.
Strengthening Operations Following Strategic Merger
The capital infusion comes at a pivotal stage in Unnati’s growth journey as the company focuses on scaling its integrated platform and expanding its reach across India’s agricultural value chain.
Founded by Ashok Prasad and Amit Sinha, Unnati has established a presence across multiple segments of the agri-input ecosystem, including manufacturing, wholesale distribution, retail operations, and farmer engagement. Over the past decade and a half, the company has built extensive relationships across the agricultural sector while raising more than US$13 million in equity funding from institutional investors, including NABVENTURES.
The recent merger with Gramophone is expected to strengthen the company’s ability to connect manufacturers, distributors, retailers, and farmers through a unified platform that combines physical distribution capabilities with digital engagement tools.
Advancing Sustainable Agriculture Adoption
A significant component of Unnati’s growth strategy centers on expanding the adoption of sustainable agricultural products across its network.
Currently, sustainable agri-input solutions contribute approximately 35–40 percent of the company’s sales. Unnati aims to increase this share to nearly 66 percent over the next two to three years, reflecting what the company describes as growing demand among retailers and farmers for environmentally responsible and productivity-enhancing agricultural solutions.
The company believes this transition represents a broader shift within the sector toward more sustainable farming practices while maintaining commercial viability for stakeholders across the value chain.
Leadership Commentary
Commenting on the financing, Amit Sinha, Co-founder of Unnati Agri, said:
“Agriculture operates on seasonal cycles, making timely access to working capital essential for ensuring continuity across the supply chain. Debt financing is an appropriate growth instrument for us at this stage as it allows us to scale operations efficiently while preserving equity ahead of our planned fundraising initiatives. Recur Club demonstrated a strong understanding of our business model and delivered a financing solution aligned with our operational requirements.”
Eklavya Gupta, Co-founder and Chief Executive Officer of Recur Club, added:
“Unnati has spent years building a strong foundation within India’s agricultural ecosystem through its extensive distribution network and direct engagement with farmers. The company’s focus on increasing sustainable product adoption is supported by clear market demand and a scalable business model. We are pleased to support their next phase of growth and expansion.”
Preparing for the Next Phase of Growth
Looking ahead, Unnati is preparing for a larger equity fundraising round in the second half of 2026, with plans to raise approximately US$30–35 million to accelerate expansion initiatives and strengthen its market position.
The company has also outlined ambitions to pursue a public listing within the next three to four years as it continues to scale operations, expand distribution capabilities, and deepen engagement with farmers and agricultural stakeholders across India.
About Unnati Agri
Unnati Agri (Akshamaala Solutions Pvt. Ltd.) is a Noida-based agri-fintech and digital farming platform that works with farmers, agri-retailers, and other stakeholders across the agricultural ecosystem. The company enables retailers to digitally engage with farmers while facilitating access to agricultural inputs, crop advisory services, and financial solutions. Through its integrated platform, Unnati seeks to improve transparency, enhance productivity, and reduce operational inefficiencies across the agricultural value chain.
About Recur Club
Recur Club is an AI-native debt platform serving startups and SMEs across India. The company has facilitated more than ₹3,000 crore in growth capital for over 2,000 businesses through a network of more than 120 institutional lending partners. Its proprietary AI Credit Analyst (AICA) platform enables businesses to access customized financing solutions across multiple debt structures, including working capital facilities, term loans, and structured debt products through a technology-enabled lending process.
