Svasti Microfinance
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Organization
Contact Information
Overview
Operating in the urban slums of Mumbai, Svasti is a startup NBFC-MFI innovatively using technology and focusing on product design. Its microfinance program was started in October 2008. The Indian microfinance market is still largely under-penetrated, and the market is very fragmented with over 1500+ MFIs, but only a handful have an NBFC form allowing to receive equity investments like Svatsi.
About
Industries
Financial Services, Association
Founded
2008
Employees
1001-5000
Headquarters locations
India, Asia
Social
N/A
Profile Resume
Svasti Microfinance headquartered in India, Asia, operates in the Financial Services, Association sector. The company focuses on Financial Services and has secured $642.3M in funding across 32 round(s). With a team of 1001-5000 employees, Svasti Microfinance is actively contributing to advancements in Financial Services. Their latest funding round, Venture Round - Svasti Microfinance, raised $4.3M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
5
Investors
3
Lead Investors
0
Total Funding Amount
$20.1M
Details
0
Svasti Microfinance has raised a total of $20.1M in funding over 0 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|
Investors
Svasti Microfinance is funded by 14 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Rajiv Dadlani | - | FUNDING ROUND - Rajiv Dadlani | 4.3M |
| Nordic Microfinance Initiative | - | FUNDING ROUND - Nordic Microfinance Initiative | 4.3M |
| Svasti Microfinance | - | FUNDING ROUND - Svasti Microfinance | 4.3M |
| Adar C. Poonawalla | - | FUNDING ROUND - Adar C. Poonawalla | 4.3M |
Recent Activity
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