About Cogito Capital
Cogito Capital advises, manages and invests in organizations, offering strategic tech investment and project-based investment to companies in Real Estate, Telecom and Financial Services. Cogito Capital focuses on building relationships and providing mentorship to startups between seed and Series A.
Cogito Capital Headquarter Location
Suite 2106, Tower I – Lippo Center 89 Queensway
Latest Cogito Capital News
Apr 27, 2021
by DealStreetAsia source: Official Website Agriculture-focused non-banking finance company (NBFC) Netafim Agricultural Financing Agency (NAFA) onMonday said it has raised $50 million through a mix of equity capital and external commercial borrowing from Israelbased – Phoenix Group and Cogito Capital. Funds raised will be utilized for business expansion, enhanced offerings, and to expand horizons in the agri-ruraldomain and to improve its margins as it intends to service the high-cost old debt and bring down the overall cost offunds, the company said in a statement. Apart from Phoenix group and Cogito Capital, it recently raised $9.4 million of Tier I Capital from its parent, NetafimSingapore and offered exit to the initial equity partners Atmaram Properties & Granite Hill Fund as they had reachedtheir investment horizon, it said. Ltd, there is a need for diversifiedcredit schemes, along with adequate hand holding, to provide financial guidance to farmers on investing inagriculture and allied activities. “Indian agriculture, in general, is characterized by low and uncertain returns as they are more prone to naturalcalamities and varied risks, resulting in constant demand for agri-financing support. The advent of intensive andclimate-resilient agricultural technologies has further amplified the need for good financing schemes. Despite thepresence of multiple financial mediums, there aren’t enough credit products catering to the niche demands of thefarmers, leading to a huge credit gap,” he added. The lender acquired NBFC license from RBI in 2013. NAFA has established its presence in eight states and disbursedtotal loans above 1000 crore to more than 10,000 customers.