SarvaGram, India’s first rural household focused platform, has raised Rs. 565 crores in Series D equity funding led by Peak XV Partners.
This round saw participation from existing shareholders such as Elevar Equity, Elevation Capital, Temasek and TVS Capital.
This latest investment brings SarvaGram’s total capital raised to around INR 950 crores, reflecting strong confidence from major institutional investors in the company’s mission and growth potential.
The Pune based startup manages assets worth approximately INR 1,200 crores in loans, with 70% secured by property collateral.
It provides loans for Farm, Salaried, and MSE households, along with insurance and farm mechanisation services through local staff and franchise partners.
The rural credit lender’s goal is to support 96 million households over time through its tech-based distribution platform.
“The fundraise will boost our mission of putting more power in the hands of rural households by enhancing their access and ease them into a curated set of financial and productivity enhancing solutions,” said Utpal Isser, Co-founder & CEO, SarvaGram Solutions.
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