Sohan Lal Commodity Management Pvt. Ltd
Sohan Lal Commodity Management Pvt Ltd (SLCM) is an ISO 9001: 2008 & ISO 22000: 2005 certified, post harvest Agri-Logistics Group.
Sohan Lal Commodity Management Pvt Ltd (SLCM) is an ISO 9001: 2008 & ISO 22000: 2005 certified, post harvest Agri-Logistics Group. The Group is an integrated player that provides one-stop solution to the end user with diversified portfolio of services ranging from Warehouse Management, Agriculture Financing, Collateral Management to Procurement. SLCM warehouse management is equipped with technology to offer storage and protection services for the entire range of agri-commodities. SLCM has been handling more than 157 agri commodities including Cotton, Barley, Bajra, Castor Seeds, Wheat, Pulses, Maize, Spices, Aloe Vera, etc., across India. As on today, SLCM manages a technology enabled network of more than 760 warehouses and 17 cold storages pan India with a total capacity of over 1.77 MMT spread over 9.63 Mn sqft and throughput of more than 240 MMT.
The Group prides itself as the Innovators in this field and over time demonstrated its capability in rolling out new and efficient products and services that benefit the agri logistics environment. Be it our process AGRI REACH (patent pending) which reduces post harvest losses or Kissandhan (Group’s wholly owned NBFC to offer Warehouse Receipt Financing) which has changed the paradigm of agriculture financing to bring real “Financial Inclusion”.
SLCM is constantly bringing the best practices to upgrade the processes in the warehousing domain. In the first year of its operation, SLCM brought “Bar Coded” storage receipts in practice that eliminated the risk of Fraud in terms of fake storage receipts.
In a country like India where post harvest losses are pegged at 10%, SLCM has been instrumental in devising technology that has cut post harvest losses to 0.5% irrespective of infrastructure, crop or geographic location. (Accredited by FICCI in their Study) SLCM has devised a SOP which amalgamates technology with Agri domain expertise & allows SLCM to operate any warehouse agnostic to infrastructure, location, weather pattern across any kind of agriculture crop. It has also applied for patenting this scientific technology of storage under the name of “AGRI REACH”. SLCM will soon offer scientific support to agricultural economies of the developing nations in ASEAN and African region. With this view, SLCM has started its operations in Myanmar as well last year which has proven the scalability of proven warehousing model. The next destination for expansion is Malawi, Southeast Africa.
The Group also has a wholly owned NBFC in India christened as “Kissandhan” which has changed the paradigm of collateral financing by financing across diversified agri products whilst being agnostic to balance sheet of the borrower yet complying with the prudential norms of RBI. In a short tenure of a year, Kissandhan has already financed close to 210 plus crore across 7 states and multiple commodities in India.
SLCM is one of the first companies in warehouse management to raise three successful rounds of private equity funding and is backed by the highest quality institutional shareholders:
• Nexus Venture Partners
• Mayfield Venture Partners
• Everstone Capital
• ICICI’s EIF Fund
SLCM has been conferred with several Awards & Accolades for its innovation including Top Contender as Top Innovator for ET Startup Awards 2015, CII Scale Award 2015 for Exemplary position in Supply Chain & Logistics in Agri Warehousing, Emerging Warehousing Company Award by CPAI, Global CSR Excellence & Leadership Award for Fair Trade & Supply Chain, Emerging Brand for Rural Impact Award by CMO Asia, Innovative 100 Company by Inc India & CPAI Award for Excellence in Warehousing.
And Mr. Sandeep Sabharwal – CEO, SLCM Group was recognized as the Most Innovative CEO by Inc India in Dec 2014.
For more information, you may log on to www.slc-india.com