Rural lending startup Sarvagram raises $67 Mn led by Peak XV

Sarvagram, a rural lending startup, has raised $67 million in a funding round led by Peak XV Partners. The startup aims to utilize the funds to expand its operations, enhance its technology platform, and reach more rural households in India. Sarvagram focuses on providing financial services to underserved rural communities, offering loans for agriculture, small businesses, and personal needs. The funding round saw participation from new and existing investors, reflecting strong confidence in Sarvagram's business model and growth potential. The startup's mission is to drive financial inclusion and empower rural communities by providing them with easy access to credit and financial products.