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Sohan Lal Commodity Management (SLCM)

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Sohan Lal Commodity Management (SLCM)
Private
ISIN🆔
IndustryE-commerce, Agriculture
Founded 📆2009; 15 years ago (2009)
Founder 👔
Headquarters 🏙️New Delhi, India
Area served 🗺️
Key people
Sandeep Sabharwal (CEO)
Members
Number of employees
🌐 Websitewww.sohanlal.in
📇 Address
📞 telephone

Sohan Lal Commodity Management (SLCM) is an Agritech company based in India that offers warehousing services for agriculture commodities, fumigation, testing and certification.[1][2][3][4]

History[edit]

SLCM was founded in 2009 in New Delhi, it operates in India and Myanmar.[5] Sandeep Sabharwal is the current CEO of SLCM Group.[6][7][8]

In 2015, SLCM raised INR100 crores in the fourth round of private equity funding.[9]

In 2019, SLCM partnered with State bank of India (SBI) for collateral management and warehousing services,[10] SLCM has similar agreements with HDFC Bank and IndusInd Bank.[11]

In July 2021, SLCM partnered with State Government of Madhya Pradesh to provide Preservation, Management and Security (PMS) of food grain stock.[12]

In 2022, SLCM launched its mobile app “Agri Reach” for crop monitoring that received the accreditation from the National Accreditation Board for Testing & Calibration Laboratories (NABL).[13] That same year, SLCM got the patent for its Method for real time data management from Indian government.[14][15]

Sohan Lal Commodity Management received the ‘Sustainable Agriculture Awards’ from Federation of Indian Chambers of Commerce & Industry fin the year 2021 and 2022.[16]

References[edit]

  1. "SLCM to set up 36 new offices in 16 states this fiscal". The Economic Times. 2022-05-18. ISSN 0013-0389. Retrieved 2023-02-14.
  2. "Agri supply chain fragmented, need well-thought-out market interventions, SLCM Group's Sabharwal says". Moneycontrol. Retrieved 2023-02-16.
  3. Agarwal, Meha (2020-01-08). "How SLCM Is Solving Logistics And Financing For Indian Farmers With Tech Warehouses". Inc42 Media. Retrieved 2023-02-16.
  4. Shah, Palak (2023-04-04). "Warehouse services Sohan Lal Commodity under income tax scanner". www.thehindubusinessline.com. Retrieved 2023-04-06.
  5. "IFC Provides a $3 Million Loan to SLCM Limited to Boost Farmers' Livelihoods, Reduce Post-harvest Losses in Myanmar". IFC. Retrieved 2023-02-15.
  6. indiatodaypost (2021-06-22). "SLCM Group Organises Covid Vaccination Drive for Protection of its Agri Frontline Workers". Retrieved 2023-02-15.
  7. www.ETCFO.com. "Agri logistics firm SLCM expects to double AUM at Rs 11,500cr in FY23: Group CEO Sandeep Sabharwal - ETCFO". ETCFO.com. Retrieved 2023-04-06.
  8. "Agri supply chain fragmented, need well-thought-out market interventions, SLCM Group's Sabharwal says". Moneycontrol. Retrieved 2023-04-06.
  9. Ghosal, Sutanuka (2015-09-29). "Agri-logistics firm SLCM raises Rs 100 crore from PE fund". The Economic Times. ISSN 0013-0389. Retrieved 2023-02-16.
  10. Ghosal, Sutanuka (2019-07-29). "Sohan Lal Commodity partners up with SBI for collateral management". The Economic Times. ISSN 0013-0389. Retrieved 2023-02-16.
  11. "SLCM ties up with HDFC Bank, IndusInd Bank for collateral management". Financialexpress. Retrieved 2023-02-16.
  12. Bhosale, Jayashree (2021-07-09). "SLCM bags contract for management of food grain stocks of Madhya Pradesh government". The Economic Times. ISSN 0013-0389. Retrieved 2023-02-16.
  13. Mancombu, Subramani Ra (2022-10-18). "SLCM commercially launches mobile app to check quality of crops". www.thehindubusinessline.com. Retrieved 2023-02-16.
  14. Bureau, BL Bengaluru (2022-03-23). "SLCM gets patent for its agri warehousing tech platform". www.thehindubusinessline.com. Retrieved 2023-02-16.
  15. "SLCM's AI-based app Agri Reach gets NABL accreditation". The Economic Times. 2023-03-18. ISSN 0013-0389. Retrieved 2023-04-06.
  16. Bureau, BL Mangaluru (2022-12-02). "SLCM's warehouse process management system wins FICCI award". www.thehindubusinessline.com. Retrieved 2023-02-15.

External links[edit]


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