How Much Did SarvaGram Raise?
Funding & Key Investors

SarvaGram, a pioneering force in rural financial services, has successfully secured a major strategic investment, bringing its total funding trajectory to $111.5M. This latest capital infusion, totaling $66M, underscores the firm's robust growth and its critical role in bridging the financial gap for underserved households across India. By leveraging a high-tech, high-touch distribution model, the company continues to attract significant institutional backing, reinforcing its position as a leader in the rural fintech ecosystem.

What is SarvaGram?

SarvaGram
FinanceBankingLending & Brokerage

Founded in 2019 and headquartered in Mumbai, SarvaGram operates as a data-science-led distribution platform designed to meet the diverse financial and productivity needs of rural India. The company distinguishes itself through a household-centric approach, offering a comprehensive bouquet of services that empower rural populations. By integrating advanced analytics with localized service delivery, SarvaGram effectively addresses the aspirations of millions, positioning itself as a vital infrastructure layer for rural economic development and financial inclusion.

How much funding has SarvaGram raised?

SarvaGram has raised a total of $111.5M across 3 funding rounds:

2021

Series B

$10.5M

2023

Series C

$35M

2024

Series D

$66M

Series B (2021): $10.5M with participation from Elevation Capital and Elevar Equity L.L.C

Series C (2023): $35M led by TVS Capital Funds Pvt, Elevation Capital, Temasek, and Elevar Equity

Series D (2024): $66M supported by Elevation Capital, Peak XV Partners, Temasek, and Elevar Equity

Key Investors in SarvaGram

Peak XV Partners

Peak XV Partners is a prominent venture capital firm specializing in early-stage and growth-stage technology investments across India and Southeast Asia, providing both capital and operational expertise.

Elevar Equity

Elevar Equity focuses on enhancing economic resilience for underserved communities by providing growth capital to entrepreneurs dedicated to inclusivity and scalability.

Temasek

Temasek is a Singapore-headquartered global investment company that operates as a long-term, generational investor with a focus on sustainable growth and future-oriented markets.

What's next for SarvaGram?

With the successful completion of its latest financing round, SarvaGram is well-positioned to accelerate its market penetration and expand its suite of productivity-enhancing offerings. The company's strategic roadmap focuses on deepening its data-science capabilities to refine credit underwriting and service delivery in complex rural geographies. As it scales, SarvaGram is expected to leverage its institutional partnerships to further democratize access to essential financial products, solidifying its status as a cornerstone of the rural digital economy and a key player in India's broader financial services landscape.

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Frequently Asked Questions Regarding SarvaGram Financial Insights

What are the most recent funding rounds that SarvaGram has completed, and what were the funding rounds?
SarvaGram has recently completed 3 funding rounds: Series D on Nov 18, 2024, Series C on Jan 3, 2023, Series B on Feb 8, 2021.
What is the total amount of funding SarvaGram has raised to date?
SarvaGram has raised a total of $111.5M in funding to date.
How many funding rounds has SarvaGram completed?
SarvaGram has completed 3 funding rounds.
How much funding did SarvaGram raise in its most recent funding round?
SarvaGram raised $66M in its most recent funding round.
Who are the lead investors in SarvaGram's latest funding round?
The lead investor in SarvaGram's latest funding round was Elevation Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SarvaGram's history?
The largest funding round in SarvaGram's history was $66M.
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