9/29/2015 Agri­logistics firm SLCM raises Rs 100 cr : Dalal Times

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Agri-logistics firm SLCM raises Rs 100 cr

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The company plans to expand the warehouse management network from current MARKET 760 to 1500 warehouses pan-India

INDIA INC 14.22 IST, Sep 28, 2015 | PTI

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Agri-logistics firm Sohan Lal Commodity Management (SLCM) today said it has raised Rs 100 crore from private equity players Creation Investments and Everstone Capital.

The fund will be utilised in its NBFC arm Kissandhan.

"Sohan Lal Commodity Management has raised Rs 100 crore in the fourth round of private equity funding led by Creation Investments Capital Management, and existing investor, Everstone Capital," SLCM said in a statement.

SLCM has already been backed by private equity funds Everstone Capital, Mayfield Advisors, Nexus Venture Partners and Emerging India Fund of ICICI, in prior successful rounds of funding.

"The company plans to utilise funds for its NBFC, Kissandhan eyeing a three-fold growth of 300 percent in loans disbursement by the end of this fiscal and its expansion to global markets," it added.

SCLM Group's agri-financing arm 'Kissandhan' has already achieved a total disbursement figure of about Rs 250 crore in just 15 months of existence.

The company plans to expand the warehouse management network from current 760 to 1500 fl warehouses pan-India.

ABOUT DALAL TIMES After successfully demonstrating the 'Integrated Asset Light Agri-Logistics' model in India, the http://www.dalaltimes.com/article/market/agri­logistics­firm­slcm­raises­rs­100­cr­120195.aspx 1/1

9/29/2015 Agri­logistics Sohan Lal Commodity Management raises Rs 100 crore PE fund to escalate its agri­financing arm by 300% Kissandhan was commercialised with capital infusion of Rs 50 crore. It has disbursed loans through 47 locations across 25 commodities against 9,770 storage receipts with zero NPAs with ticket size ranging from Rs 42 lakh to Rs 5 crore.

Kissandhan has sanctioned and disbursed loans across India covering major States and a large number of commodities including pulses, wheat, chana, castor seed, barley, rice, mustard, mentha etc. The group has impacted about 30,000 farmers till date, based on an internal study.

The Group’s Central Laboratory recently received accreditation from NABL to certify tests and data in commodities segment which will be acceptable in 64 nations across the globe. MOST POPULAR Sandeep Sabharwal, Promoter and Group CEO, SLCM says, “Our asset-light business model POPULAR is our key differentiator that defines us as thought leader in the domain. Using our expertise Ola opens up its API, aims to in scientific warehousing, we are committed to steering the sector to a different horizon of touch 100M users via integrations with InMobi, Helpchat, others growth in the years to come. We will leverage our operational expertise with the knowledge of creation investments, which we have invested in, and we possess in-depth insight of financial solution providers across Asia and other developing economies.” POPULAR This techie quit his high paying job and returned to India to become an entrepreneur

POPULAR 10 things successful people never do

POPULAR Flipkart confirms $700M funding and $15.2B valuation

POPULAR When Narendra Modi mesmerized the global tech leaders

Sandeep Sabharwal, Promoter and Group CEO, SLCM POPULAR From a farm labourer to an IT millionairess, how Jyothi Reddy Background of SLCM Group beat all odds to emerge a winner

SLCM is an ISO-certified agri-logistics company. It has been handling more than 157 agri- POPULAR [Techie Tuesdays] Fankit Aadia: commodities including cotton, barley, bajra, castor seeds, wheat, pulses, maize, spices, aloe life is a waste, if you don't know vera etc., across India. Today, SLCM manages a technology-enabled network of more than copy paste 760 warehouses and 17 cold storages pan-India with a total capacity of over 1.77 MMT spread over 9.66 million square feet area and a throughput of 240 MMT. POPULAR After many shutdowns, online grocery in India finally takes off Sandeep says, “SLCM is managing assets worth approximately Rs 1,500 crore on a daily basis. In a country like India where post-harvest losses are pegged at 10 per cent, SLCM has been instrumental in devising technology that has cut post-harvest losses to 0.5 per cent POPULAR 5 key announcements by US tech irrespective of infrastructure, crop or geographic location. SLCM has devised SOPs which titans during Modi's Silicon valley amalgamate technology with agri-domain expertise and allows SLCM to operate any visit warehouse agnostic of infrastructure, location, weather pattern across any kind of agriculture crop.”

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9/29/2015 Creation leads $16.6m round in Indian agri­logistics company ­ Agri Investor

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Creation leads $16.6m round in Indian agri­logistics company by Nathan Williams on 28 SEPTEMBER 2015 in Deals, News & Analysis

US impact investor Creation Investments has led a $16.6 million funding round in Indian agri­logistics firm Sohan Lal Commodity Management.

https://www.agriinvestor.com/creation­leads­16­6m­round­in­indian­agri­logistics­company/ 1/9 9/29/2015 Creation, Everstone invest $15M in agri­logistics firm Sohan Lal | VCCircle

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HOME >> PRIVATE EQUITY >> Enter email for free Newsletter Subscribe Monday, September 28, 2015 ­ 22:00 IST Creation, Everstone invest $15M in agri­logistics firm Sohan Lal Advertisement It is also backed by Mayfield, Nexus Venture Partners and ICICI Bank. BY SHRUTI AMBAVAT

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Agri­logistics service provider Sohan Lal Commodity Management Pvt Ltd (SLCM) said on Monday it has raised Rs 100 crore ($15 million) in a fresh funding round led by impact investor Creation Investments Capital Management and existing private equity investor Everstone Capital.

This is the fourth round of funding for the company, which also counts Mayfield, Nexus Venture Partners and Emerging India Fund of ICICI Bank as investors. The Emerging India Fund operates separately from ICICI Venture. UPCOMING EVENTS

SLCM plans to use the funds for its agri­focused non­banking finance company, VCCircle Agri & Food Kissandhan, and is aiming at a three­fold growth in loans disbursement by the end of Investment Summit 2015 this fiscal year. SLCM, which entered the agri­financing domain in early 2014, said it 28th Oct, 2015, Taj Lands End, has disbursed about Rs 250 crore so far. Mumbai VCCircle M & A Summit The firm said it also plans to expand the network of warehouses it manages to 1,500 2015 from 760 across India. Last year, SLCM started providing warehousing services in 4th Nov, 2015, Vivanta by Taj ­ Myanmar as well. President, Mumbai India Loyalty Conclave 2015 “Our asset­light business model is our key differentiator that defines us as the thought 18th Nov, 2015, Vivanta by Taj ­ leader in the domain,” said Sandeep Sabharwal, promoter and group CEO at SLCM. President, Mumbai

Everstone Capital had first invested in SLCM in 2012 along with the ICICI fund. The firm VCCircle Education had previously raised funding from Mayfield and Nexus Venture Partners in March http://www.vccircle.com/news/transportation/2015/09/28/creation­everstone­invest­15m­agri­logistics­firm­sohan­lal 1/2 9/29/2015 Creation, Everstone invest $15M in agri­logistics firm Sohan Lal | VCCircle

2011.

Ken Vander Weele, co­founder and partner at Creation Investments, said that SLCM was the first company in the agri­logistics sector to provide financing for its customers via its NBFC and that this fitted perfectly with Creation's mandate to invest in

innovative financial solutions. Follow @Vccircle

US­based Creation Investments focuses on companies in microfinance, SME lending VCCIRCLE and emerging markets banking sectors. Some of its key investments in India include Like Page 8.8k likes MFIs such as Equitas Holdings and Grameen Financial Services Pvt Ltd Positron Consulting Services acted as an advisor to Creation Investments for this ​transaction. Be the first of your friends to like this

Tags: Sohan Lal Commodity Management Pvt. Ltd.

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SOHAN LAL COMMODITY MANAGEMENT PVT. LTD. DEALS CONSUMER FINANCE HEALTHCARE INFRASTRUCTURE MA(NSLUCFMA) CTURING TMT VCCTV MORE Sohan Lal Commodity Management Pvt. Ltd. is an agri­logistics company. It provides agri­ commodity warehouse management, procurement, logistics and financial solutions to farmers, processors, traders, ...

HEAD OFFICE : New Delhi WEBSITE : www.slc­india.com YEAR FOUNDED : 1971 MANAGEMENT : Ashok Mittal, Sandeep Sabharwal

IN NEWS Agri‐logistics firm Sohan Lal gears up for IPO; to raise around $200M PE‐backed Sohan Lal Commodity buys NBFC to foray into agri‐financing Everstone Capital, ICICI invest $23.5M in Sohan Lal Commodity Management Nexus‐backed Sohanlal Commodity Management To Raise $20M

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9/29/2015 India: Everstone, Creation invest $15m in agri­logistics firm Sohan Lal ­ DealStreetAsia

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September 28, 2015: Agri logistics company Sohan Lal Commodity Management (SLCM) (http://www.sohanlal.in/) has raised $15 million (Rs 100 crore) in a fresh round of funding led by Creation Investments Capital Management (http://creationinvestments.com/) and existing investor Everstone Capital (http://www.everstonecapital.com/).

SCLM will deploy the funds in its agri-focused non-banking finance company Kissandhan (http://kissandhan.com/), eyeing a three-fold growth in loans disbursement by the end of this fiscal, the company said in a statement.

Kissandhan provides financing solutions against storage receipts of agriculture commodities, and has already achieved a total disbursement figure of about Rs 250 crore in just 15 months of existence.

“Using our expertise in scientific warehousing, we are committed to steer the sector to a different horizon of growth in the years to come. We will leverage our operational expertise with the knowledge of Creation Investments which have invested in, and possess in-depth insight of financial solution providers, across Asia and other developing economies,” Sandeep Sabharwal, Promoter and Group CEO, SLCM said.

This is the fourth round of funding for the company till date. SLCM has been backed by private equity funds Everstone Capital, Mayfield Advisors (http://www.mayfield.com/global/mayfield-india), Nexus Venture Partners (https://nexusvp.com/) and Emerging India Fund of ICICI (http://www.iciciventure.com › Our Business) in prior successful rounds of funding.

Ken Vander Weele, Co-Founder & Partner of Creation Investments Capital Management said, “We are pleased to enter the agricultural services sector in India via this investment of growth equity in SLCM.”

SLCM warehouse offers storage and protection services for the entire range of agri-commodities. At present, the firm manages a technology enabled network of more than 760 warehouses and 17 cold storages pan-India with a total capacity of over 1.77 million tonnes spread over 9.66 million sq ft area.

The company plans to expand the warehouse management network from current 760 to 1500 warehouses pan-India. http://www.dealstreetasia.com/stories/india­everstone­creation­invest­15m­in­agri­logistics­firm­sohan­lal­13832/ 1/3 9/29/2015 India: Everstone, Creation invest $15m in agri­logistics firm Sohan Lal ­ DealStreetAsia The company plans to expand the warehouse management network from current 760 to 1500 warehouses pan-India.

After successfully demonstrating the ‘Integrated Asset Light Agri-Logistics’ model in India, the group started providing services in Myanmar from last year. It has been handling more than 157 agri-commodities including cotton, barley, bajra, castor seeds, wheat, pulses, maize, spices, and aloe vera across India.

Also Read: VillFarm Agrisolutions raises funds from Unitus Seed Fund (http://www.dealstreetasia.com/stories/india-villfarm- agrisolutions-raises-funds-from-unitus-seed-fund-13180/)

SEAF India raising $150m fund to invest in agri-businesses (http://www.dealstreetasia.com/stories/exclusive-seaf-india-raising-150m- fund-to-invest-in-agri-businesses-12444/)

Tags: Creation Investments Capital Management (http://www.dealstreetasia.com/tag/creation-investments-capital-management/) Emerging India Fund of ICICI (http://www.dealstreetasia.com/tag/emerging-india-fund-of-icici/) Everstone Capital (http://www.dealstreetasia.com/tag/everstone-capital/) Kissandhan (http://www.dealstreetasia.com/tag/kissandhan/) Mayfield Advisors (http://www.dealstreetasia.com/tag/mayfield-advisors/) Nexus Venture Partners (http://www.dealstreetasia.com/tag/nexus-venture-partners/) Sohan Lal Commodity Management (SLCM) (http://www.dealstreetasia.com/tag/sohan-lal-commodity-management-slcm/) Related Stories

Toshiba clinches Turbine contract for Yeywa Hydro Project (http://www.dealstreetasia.com/stories/toshiba-clinches- turbine-contract-for-yeywa-hydro-project-5337/?from=related) April 20, 2015: Agri logistics company Sohan Lal Commodity Management (SLCM) has raised $15 million (Rs 100 crore) in a fresh round of funding led by Creation Investments Capital Management and existing investor Everstone Capital. SCLM will deploy the funds in its agri-focused non-banking finance company Kissandhan, eyeing a three-fold growth in loans... Read more » (http://www.dealstreetasia.com/stories/toshiba-clinches-turbine-contract-for-yeywa-hydro-project-5337/)

Ninja Van raises $2.5m Series A from Monk’s Hill (http://www.dealstreetasia.com/stories/ninja-van-raises-2-5m-series- monks-hill-3567/?from=related) March 3, 2015: Agri logistics company Sohan Lal Commodity Management (SLCM) has raised $15 million (Rs 100 crore) in a fresh round of funding led by Creation Investments Capital Management and existing investor Everstone Capital. SCLM will deploy the funds in its agri-focused non-banking finance company Kissandhan, eyeing a three-fold growth in loans... Read more » (http://www.dealstreetasia.com/stories/ninja-van-raises-2-5m-series-monks-hill-3567/)

Hedge fund software solution provider Alphadesk expands to APAC, opens Singapore office (http://www.dealstreetasia.com/stories/hedge-fund-software-solution-provider-alphadesk-expands-to-apac-opens- singapore-office-8934/?from=related) July 9, 2015: Agri logistics company Sohan Lal Commodity Management (SLCM) has raised $15 million (Rs 100 crore) in a fresh round of funding led by Creation Investments Capital Management and existing investor Everstone Capital. SCLM will deploy the funds in its agri-focused non-banking finance company Kissandhan, eyeing a three-fold growth in loans... Read more » (http://www.dealstreetasia.com/stories/hedge-fund-software-solution-provider-alphadesk-expands-to-apac-opens-singapore-office-8934/)

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