Svasti Microfinance

Svasti Microfinance is a Mumbai-based startup NBFC-MFI that has been empowering urban communities since its inception in 2008. With its innovative technology and focus on product design, Svasti has strategically positioned itself in the Indian microfinance market, targeting the underserved urban slums of Mumbai. This unique approach sets Svasti apart in a market characterized by significant fragmentation, with over 1500+ MFIs. Notably, Svasti holds the coveted NBFC status, enabling it to attract equity investments.

The latest milestone for Svasti Microfinance came on 11th March 2021, with a significant INR310.00M Venture Round investment led by key investors including Adar C. Poonawalla, Nordic Microfinance Initiative, and Rajiv Dadlani. This investment not only strengthens Svasti's position but also highlights the confidence of notable investors in the company's mission and strategic direction.

As the Indian microfinance market continues to evolve, Svasti Microfinance stands out with its dedication to leveraging technology and quality microfinance solutions to drive positive change in urban communities. With its solid foundation and strategic investments, Svasti is poised for further growth and impact in the years to come.