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

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.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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