SarvaGram Fincare raises INR 77 Cr Series B to tap rural lending opportunity

Rural lending startup SarvaGram Fincare has raised INR 77 Cr in a Series B funding round led by Elevation Capital. The round also saw participation from existing investor Elevar Equity, a social impact private equity investor, which had earlier led the company’s seed round worth INR 25 Cr. The two companies together hold more than 50% stake in Sarvagram.