Last deal

$4.1M

Amount

Venture - Series Unknown

Stage

09.07.2010

Date

1

all rounds

$4.1M

Total amount

General

About Company
SwadhaarFinServe provides financial services to low-income micro-entrepreneurs and salaried workers in urban areas.

Industry

Sector :

Subsector :

Also Known As

Swadhaar, SFPL

founded date

01.01.2008

Number of employees

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The Mumbai-based company offers individual and business loans, insurance, and financial education to economically vulnerable households and micro entrepreneurs. As a pioneer in individual lending loans in India, Swadhaar FinServe has demonstrated that microcredit can be efficiently delivered even in the most desperate urban conditions. With a focus on using technology for efficiency and customer service, the company is a leading Business Correspondent to RBL Bank in India, distributing a comprehensive range of financial services to low-income households and micro entrepreneurs across 14 states and 1 union territory. Swadhaar's mission is to reach the financially under-served segments in India, providing a comprehensive range of products that will enable clients to attain financial security and meet their aspirations for a better future.