Announced

Completed

Peak XV Partners led a $67m Series D funding round in SarvaGram.

Synopsis

Peak XV Partners, a venture capital and growth investing firm investing across India and Southeast Asia, led a $67m Series D funding round in SarvaGram, a fintech startup offering financial and capacity-enhancing products for rural households, with participation from Elevar Equity, Elevation Capital, Temasek and TVS Capital. “With SarvaGram being on a secular growth trajectory, Sameer and I are delighted to partner with Peak XV Partners, who bring with them a wealth of experience and a long-term commitment to supporting growth-oriented businesses. We are very thankful to our existing investors for their continued belief in us, our platform, and in the strength of India’s growing rural economy. The fundraise will boost our mission of putting more power in the hands of rural households by enhancing their access and ease them into a curated set of financial and productivity enhancing solutions,” Utpal Isser, SarvaGram Solutions Co-Founder & CEO.

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