Fintech startup Saswat Finance raises $2.6 million from Ankur Capital, others

Share via:


Rural India-focused fintech startup Saswat Finance has raised $2.6 million in a funding round led by early-stage investor Ankur Capital, with existing backer Incubate Fund Asia participating.

The Mumbai-based startup will use the capital to expand its technology capabilities, roll out new financial products, scale operations across Maharashtra, Karnataka, and Uttar Pradesh, and strengthen its data and analytics infrastructure.

“India’s rural economy holds immense potential. However systemic barriers like informal lending, inadequate documentation,…



Source link

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.

Popular

More Like this

Fintech startup Saswat Finance raises $2.6 million from Ankur Capital, others


Rural India-focused fintech startup Saswat Finance has raised $2.6 million in a funding round led by early-stage investor Ankur Capital, with existing backer Incubate Fund Asia participating.

The Mumbai-based startup will use the capital to expand its technology capabilities, roll out new financial products, scale operations across Maharashtra, Karnataka, and Uttar Pradesh, and strengthen its data and analytics infrastructure.

“India’s rural economy holds immense potential. However systemic barriers like informal lending, inadequate documentation,…



Source link

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Unlock scaling growth at TC All Stage, and get...

T-minus 6 days until TechCrunch All Stage ticket...

Google introduces stable Gemini 2.5 Flash and Pro, previews...

Google DeepMind has introduced the stable versions of...

Robust data security a must amid digital transformation: Arundhati...

As Indian businesses across sectors accelerate their digital...

Popular

Upcoming Events

bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb bbbb