What is SarvaGram?
Founded in 2019 and headquartered in Mumbai, Maharashtra, India, SarvaGram is pioneering India's first household-centric, data-science-led distribution platform. The company aims to meet the burgeoning aspirations of rural India by offering a comprehensive suite of financial and productivity-enhancing services. SarvaGram's 'high-tech high-touch' model is designed to bridge the gap in access to essential services for underserved rural populations, leveraging technology and a strong on-ground presence.
How much funding has SarvaGram raised?
SarvaGram has raised a total of $111.5M across 3 funding rounds:
Series B
$10.5M
Series C
$35M
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
TVS Capital Funds Pvt
TVS Capital Funds Pvt is a venture capital firm focused on nurturing mid-cap businesses into world-class companies, with a strategic growth partnership approach across various consumer-driven sectors in India.
Elevation Capital
Elevation Capital is a venture capital firm operating in the Venture Capital & Private Equity industry, known for its investments in technology and growth-stage companies.
Temasek
Temasek is a global investment company headquartered in Singapore, focused on long-term, generational investments with a commitment to making a difference.
What's next for SarvaGram?
The substantial enterprise-level funding SarvaGram has attracted, particularly the recent strategic investment, signals a Series D or later stage of growth, indicating the company is scaling its operations and expanding its market reach. This capital infusion is expected to fuel further development of its data-science capabilities, enhance its distribution network across rural India, and potentially broaden its product and service offerings. The focus on a 'high-tech high-touch' approach suggests continued investment in both technological innovation and human capital to ensure effective service delivery and customer engagement in its target markets.
See full SarvaGram company page
