Rural lender Sarvagram raises USD 10.5 mn from Elevation, Elevar Equity ...Middle East

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Rural lender Sarvagram raises USD 10.5 mn from Elevation, Elevar Equity
source : Devdiscourse ( Middle East ) () 38
Rural-focused financial services player Sarvagram secured USD 10.5 million (around Rs 76 crore) in an equity investment round led by Elevation Capital (formerly Saif Partners) along with existing investor Elevar Equity. This marks the second high-profile private equity investment into the city-based startup set up just about two years ago. Sarvagram is building a rural household-centric, data-science-led digital financial distribution platform.

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