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Lendingtech startup SarvaGram raised $35 million Series C from Elevar Equity and others

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Lendingtech startup SarvaGram raised $35 million Series C from Elevar Equity and others

By: Sreejit Kumar

Lendingtech startup SarvaGram raised $35 million Series C from Elevar Equity, Elevation Capital, Temasek, TVS Capital Funds and Elevar Equity.

SarvaGram began operations in 2019 as a household financier, providing credit products to rural and semi-urban Indian households. SarvaGram will invest new funds to expand its distribution network by adding 75 new locations by the end of fiscal year 2024. It will also use the funds to hire technical talent and strengthen its current technology stack. Its portfolio includes five products: business, farm, personal, home, and gold loans.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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By Sreejit Kumar

Lendingtech startup SarvaGram raised $35 million Series C from Elevar Equity, Elevation Capital, Temasek, TVS Capital Funds and Elevar Equity.

SarvaGram began operations in 2019 as a household financier, providing credit products to rural and semi-urban Indian households. SarvaGram will invest new funds to expand its distribution network by adding 75 new locations by the end of fiscal year 2024. It will also use the funds to hire technical talent and strengthen its current technology stack. Its portfolio includes five products: business, farm, personal, home, and gold loans.

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Previous article
The Bahamas’ regulators hold $3.5 billion in FTX customer assets
Next article
Mukesh Bansal steps back from Tata Neu’s daily operations
Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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