Economy

Samunnati appoints Vinod Kumar Panicker as Group CFO

Agri value chain enabler Samunnati has announced the appointment of Vinod Kumar Panicker as its Group Chief Financial Officer (CFO).

Panicker brings extensive experience in driving financial transformations across NBFCs, FMCG and Services sectors. His appointment will strengthen Samunnati’s efforts to advance its mission of empowering Farmer Producer Organisations (FPOs) in India, the company said in a statement.

With over 36 years of experience in finance, accounts, treasury, audit, strategy, legal and compliance, he has held key leadership roles at IndoStar Capital, Muthoot Capital Services, Outlook Publishing, Cadbury Schweppes Beverages and Coca-Cola India among others.

Anil Kumar SG, Founder of Samunnati, said, “With Vinod at the helm of our financial strategy, Samunnati is well-positioned to build on the strong capital base we have raised in recent years. His expertise will help us channel these resources into innovations that strengthen the FPO ecosystem and unlock new opportunities for all agri value chain players. We are confident this will accelerate our growth while advancing a more sustainable and inclusive agri-economy.”

Vinod Kumar Panicker, said “Joining Samunnati at this stage of its growth is truly inspiring. I look forward to bringing my experience to strengthen the financial architecture and support the organisation’s vision of building an inclusive and sustainable agri-economy. By aligning strong financial stewardship with holistic interventions across the agri value chain, we can enable FPOs to become more resilient and ensure that smallholder farmers remain at the heart of India’s growth story.”

Samunnati has projected strong growth in Gross Transaction Value (GTV) over the next three fiscal years. Financial Solutions GTV is expected to grow from ₹58,947 crore in FY’26 to ₹97,675 crore in FY’28, a 65.7 per cent increase. For Trade Facilitation, the GTV is forecasted to more than triple, rising 221 per cent from ₹45,367 crore in FY ‘26 to ₹1,45,785 crore in FY’28. Overall consolidated GTV is projected to increase from ₹1,04,315 crore in FY ‘26 to ₹2,43,461 crore in FY’28, a 133.3 per cent growth, the company said.

Published on September 12, 2025

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