Rural lender SarvaGram raises Rs 76 crore

Rural-focused financial services, SarvaGram, has secured a $10.5-million (approx Rs 76 crore) in an equity investment round led by Elevation Capital (formerly Saif Partners) along with existing investor Elevar Equity.

SarvaGram is building a rural household-centric, data science-led digital financial distribution platform. The funding will be utilised to further strengthen its technology platform, to enter new geographies and launch new offerings.