Saarathi Finance raises Rs 475 crore funding to bridge the credit gap faced by Indian MSMEs

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Here’s the relevant information extracted from the provided text:

Company

  • Startup: Saarathi Finance

Funding Details

  • Total Funds Raised: Rs 475 crore
  • Funding Series: Series A
  • Date of Fundraise: [The specific date is not mentioned in the text.]

Investors

  1. TVS Capital Funds
  2. Lok Capital
  3. Evolvence Equity Partners
  4. Paragon Partners
  5. Prominent Angels (specific names not provided)

Founders

  • Vivek Bansal – Founder and CEO
  • Sunil Daga – Co-founder

Valuation

  • Valuation at Fundraise: Over Rs 900 crore

Purpose of Funding

  • To empower India’s micro, small, and medium enterprises (MSMEs) and bridge the credit gap in underserved semi-urban and rural regions across various states.

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2025-05-28 06:53:54