In a major move to strengthen its rural lending platform, SarvaGram, a startup focused on providing financial services to underserved rural communities, has raised Rs 565 crore (approximately $67 million) in its Series D funding round. Led by Peak XV Partners, the funding round also saw participation from existing investors, including Elevar Equity, Elevation Capital, Temasek, and TVS Capital.
Mumbai-based rural credit startup Sarvagram is in advanced discussions to raise over $50 million from new and existing investors, potentially doubling its valuation to $170-200 million. Leading venture capitalists Peak XV, Apis Partners, and Beams Fintech Fund, alongside global impact investor Creation Investments Capital Management LLC, are among the top contenders for this funding round. The…
Zeni, (AI) based booking and bookkeeping fintech startup, on Thursday said it has raised $35 million (Rs 259 crore) as a component of its Series B financing round drove by new financial backer Elevation Capital.
New financial backers, Think Investments and Neeraj Arora additionally partook in the subsidizing round other than commitment from existing benefactors, Saama Capital, Amit Singhal…
