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SarvaGram raised $67M in Series D funding led by Peak XV Partners to enhance its rural household-focused platform.

Nov 17, 2024

Amount Raised

$67 Million

Round Type

Series D

PuneFinancial ServicesFinanceLending

Investors

Elevar EquityElevation CapitalTemasekTVS CapitalPeak XV Partners

Description

SarvaGram secured Rs 565 crore (approximately $67 million) in Series D equity funding, led by Peak XV Partners, with participation from Elevar Equity, Elevation Capital, Temasek, and TVS Capital. This funding brings SarvaGram’s total capital raised to date to Rs 950 crore, aiming to leverage its assets under management for the rural population.

Quick answer

SarvaGram raised $67 Million in a Series D round, dated November 17, 2024. Investors: Elevar Equity, Elevation Capital, Temasek, TVS Capital and Peak XV Partners. SarvaGram is based in Pune, Maharashtra, India.

How much did SarvaGram raise?
SarvaGram raised $67 Million in a Series D round on November 17, 2024.
Who invested in SarvaGram?
Elevar Equity, Elevation Capital, Temasek, TVS Capital and Peak XV Partners are named as investors in this round.
What does SarvaGram do?
SarvaGram is a rural household-focused platform in India that specializes in providing financial support and services.
Where is SarvaGram based and how big is it?
SarvaGram is based in Pune, Maharashtra, India. Fundz records about 578 employees.
Who are the decision-makers at SarvaGram?
Fundz holds 1 contact at SarvaGram. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as SarvaGram that raised within 45 days of this round, from Fundz verified event records.

  • BCB Bancorp raised $5M (Seed) on December 31, 2024.
  • Walker & Dunlop raised $245M (Debt Financing) on December 31, 2024.
  • Beneficient raised $1.4M (Seed) on December 31, 2024.
  • Fold raised $20M (Convertible Note) on December 30, 2024.
  • Forum Markets Incorporated raised $2.9M (Seed) on December 30, 2024.
  • Curie Money raised $1.2M (Seed) on December 19, 2024.

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Company Information

Company

SarvaGram

Location

Pune, Maharashtra, India

About

SarvaGram is a rural household-focused platform in India that specializes in providing financial support and services. The startup aims to uplift rural households by offering loans backed by property as collateral. It has successfully raised significant capital, demonstrating the potential of its business model. With a growing asset base, SarvaGram is set to make a lasting impact in rural financing.

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