Comments
Fintech startup SarvaGram has secured $10.5 million in a Series B equity Investment round led by Elevation Capital (formerly SAIF Partners) along with pro-rata participation from existing investor Elevar Equity.
“This funding will be utilised to further strengthen SarvaGram’s technology platform, expand its reach into new geographies and launch new offerings,” it said in a statement.
SarvaGram is building India’s first household centric, data-science led ‘high-tech high-touch’ distribution platform providing a bouquet of financial and productivity-enhancing offerings to rural India.
Utpal Isser, Co-Founder and CEO of SarvaGram said, “We are delighted to have two highly discerning private equity investors as our partners in this journey to create unique financial and productivity enhancing solutions for the emerging middle classes in rural India.”
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.