Saarathi Finance, secures Rs 475 crores equity capital to enable formal credit to micro and nano businesses

Saarathi Finance, a newly licensed Greenfield Non-Banking Financial Company (NBFC), has successfully secured Rs 475 crore in equity capital during its inaugural funding round. The investment was led by prominent firms including TVS Capital Funds, Lok Capital, Evolvence Equity Partners, and Paragon Partners, with additional contributions from the founders. This significant capital infusion will enable Saarathi Finance to address the substantial credit gap faced by micro and nano businesses, particularly in underserved semi-urban and rural regions across multiple Indian states. The company aims to provide formal credit through a blend of technology-driven solutions and personalized customer engagement, fostering inclusive economic growth.