Unnati Agri and Gramophone to merge in share-swap deal

Agri tech platform Unnati Agri is in the final stages of acquiring its sectoral peer Gramophone in a share swap deal, according to two sources familiar with the matter. The proposed transaction, if completed, will create one of the largest agri-input companies in India.

“The deal between Unnati and Gramophone would bring significant consolidation in the agri-input space, which currently has only a handful of players,” said one of the sources requesting anonymity. 

As per sources, the proposed share swap structure is likely to be based on the…