Elevar Equity

Elevar Equity, LLC is a private equity and venture capital firm that focuses on early-stage and growth equity investments in emerging markets. Established in 2006 and headquartered in Seattle, with additional offices in San Francisco, Bangalore, Mauritius, Bogotá, and Mexico City, Elevar primarily targets entrepreneurs building microfinance institutions and companies providing essential services in sectors such as financial services, education, agriculture, healthcare, and housing. The firm emphasizes investments in underserved communities, particularly in South East Asia and Latin America, with a notable focus on India, Peru, Brazil, Indonesia, and the Philippines. Elevar takes both minority and majority stakes in its portfolio companies and aims to create long-term value by democratizing access to essential products and services for low-income populations, having positively impacted over 25 million customers to date.

Ajit George Abraham

Venture Partner

Raghunandan Bokare

Senior Investment Associate

Christopher Miles Brookfield

Co-Founder and Managing Director

Nilay Chandra

Investment Director

Sandeep Farias

Founder and Managing Partner

Shikha Gupta

Investment Director

Jyotsna Krishnan

Managing Partner

Amie Patel

Board Member, CEO and Partner

Debjyoti Paul

Managing Director

Johanna Posada

Co-Founder, Managing Partner and Board Member

Ruchi Ramann

Venture Partner

Vipul Rawal

Partner and Chief Investment Officer

Shobha Venkataraman

Partner

Poornima Dore Ph.D

Venture Partner

69 past transactions

StrideOne

Seed Round in 2022
StrideOne specializes in delivering tailored financial services to startups and small to medium-sized enterprises (SMEs). The company has developed a financial services platform that aims to innovate credit structures specifically for startups. By focusing on smartly designed financial solutions, StrideOne enables these businesses to access risk-efficient opportunities and penetrate previously untapped borrower segments. This approach not only supports the growth of startups but also assists their supply chain partners, fostering a more inclusive financial ecosystem for emerging enterprises.

Fairplay

Series A in 2022
Fairplay is a performance-based financing platform that aids e-commerce companies in their growth by providing revenue advances specifically for marketing expenditures. Founded in 2019 and based in Mexico City, Fairplay utilizes advanced data analytics to optimize investments in clients' digital marketing campaigns. The funding model allows clients to receive an upfront capital injection in exchange for a consistent share of their revenues until the amount is fully repaid, along with a fixed service fee. This approach enables businesses to effectively scale their marketing efforts while managing their cash flow.

Indifi

Series D in 2021
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

Cloudphysician

Seed Round in 2021
Cloudphysician operates a cloud-based health diagnosis platform focused on monitoring the health of infants in neonatal and emergency wards. By leveraging artificial intelligence, the Internet of Things, and predictive analytics, the platform integrates real-time clinical data from connected devices and bedside observations. It tracks immunization schedules, health metrics, and developmental profiles of newborns up to 12 years old. This comprehensive approach aims to enhance patient outcomes and reduce neonatal mortality rates through early-stage diagnosis of critical diseases. The platform provides hospitals and healthcare providers with improved monitoring capabilities, real-time support, and training to facilitate better healthcare delivery.

Niro

Seed Round in 2021
Niro is a fintech startup focused on integrating personal credit products into major consumer internet platforms in India. By leveraging its financial platform, Niro provides an application programming interface that allows these platforms to embed lending products seamlessly. This approach aims to democratize access to convenient credit options for the vast population of internet users in the country. By utilizing user engagement and data, Niro creates personalized credit offerings that not only enhance the user experience but also enable consumer internet brands to generate additional revenue through lending solutions.

Favo

Series A in 2021
Favo is a supermarket shopping community that connects local entrepreneurs and neighbors.

Favo

Series A in 2021
Favo is a supermarket shopping community that connects local entrepreneurs and neighbors.

SarvaGram

Series B in 2021
SarvaGram Fincare Private Limited provides financial services and allied interventions to individuals and small enterprises in rural and semi-urban India. It offers farmer, housing, personal, and small business loans. The company was founded in 2018 and is based in Mumbai, India.

Favo

Series A in 2021
Favo is a supermarket shopping community that connects local entrepreneurs and neighbors.

Nuvemshop

Series C in 2020
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online business easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.

LEAD

Series C in 2020
LEAD School, founded in 2012 and based in Mumbai, Maharashtra, India, provides educational services aimed at enhancing the learning experience for children through technology. The organization empowers teachers by offering an app that includes detailed lesson plans and audio-visual resources, facilitating a more effective teaching process. Additionally, LEAD School fosters collaboration among teachers, parents, and educational institutions to achieve a common goal of academic excellence. By integrating various educational tools and resources, LEAD School strives to ensure that every child has access to quality education.

Jüsto

Seed Round in 2020
Jüsto is an online delivery-only grocery store chain that offers a wide range of fruits, vegetables, meat products, beauty products, and house supplies that can be delivered at every consumers' doorstep. The company was founded in 2019 and is based in Mexico City.

Kamatan

Series B in 2020
Kamatan Farm Tech Pvt Ltd engages in building agri supply chains for fresh produce to address the needs of farmers and buyers in India. It assists farmers in the implementation of best practices in producing, harvesting, packaging, and transporting fresh produce; handles the entire range of farm produce sourced directly from farmers and farmer producer organizations; and manages the value chain from farm gate to a buyer’s doorstep. The company was incorporated in 2017 and is based in New Delhi, India.

CreditMantri

Venture Round in 2020
CreditMantri Finserv Private Limited provides individuals with credit score analysis and credit improvement program. It engages in educating consumers about their credit history, as well as leverages the same to improve/enhance their chances for becoming loan/credit card eligible. The company also provides individuals with a plan to improve their credit score and works with them for improving their loan/credit card eligibility. In addition, it helps individuals obtain their CIBIL report and provide them with a credit scan; and conducts analysis and provides them with a credit health report. Further, the company provides services for individuals to find loans/credit cards, improve credit score and history, and reduce their EMI costs. CreditMantri Finserv Private Limited was founded in 2012 and is based in Chennai, India.

SarvaGram

Seed Round in 2020
SarvaGram Fincare Private Limited provides financial services and allied interventions to individuals and small enterprises in rural and semi-urban India. It offers farmer, housing, personal, and small business loans. The company was founded in 2018 and is based in Mumbai, India.

CanastaRosa

Series A in 2019
Canasta Rosa operates an online marketplace focused on connecting buyers and sellers of unique, local, and handmade products. The platform features a diverse range of offerings, including confectionery, fashion items, gifts, pet products, and various accessories. By providing a comprehensive infrastructure, Canasta Rosa ensures an efficient and satisfactory experience for both customers and vendors, facilitating the purchase of quality domestic products at affordable prices. The marketplace emphasizes the importance of local craftsmanship and aims to promote handmade goods.

LEAD

Series B in 2019
LEAD School, founded in 2012 and based in Mumbai, Maharashtra, India, provides educational services aimed at enhancing the learning experience for children through technology. The organization empowers teachers by offering an app that includes detailed lesson plans and audio-visual resources, facilitating a more effective teaching process. Additionally, LEAD School fosters collaboration among teachers, parents, and educational institutions to achieve a common goal of academic excellence. By integrating various educational tools and resources, LEAD School strives to ensure that every child has access to quality education.

Indifi

Series C in 2019
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

Indifi

Series C in 2019
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

BettrCredit

Seed Round in 2019
Bettr Credit is a values-driven start-up focused on providing accessible financial products to underserved populations. The company offers a modern, mobile-first credit card experience, allowing users to maintain complete control over their card and credit. In addition to credit cards, Bettr Credit provides a range of services including free credit scores, personal loans, overdraft facilities, and mobile insurance. Utilizing machine learning, assisted technology, and data analytics, the platform taps into multiple distribution channels and collaborates with financial influencers and advisors to effectively cross-sell a variety of financial products, helping customers manage their financial journeys more effectively.

Samunnati

Series D in 2019
Samunnati is a provider of financial intermediation, market linkages, and advisory services that are used to enhance the value of all players across the agriculture value chain. The company aims to provide underserved households access to markets through financial intermediation and advisory services by focusing on the key economic drivers of a district. The objective is to aid the enterprises and value chains to operate at a higher level of productivity thereby creating value for all the stakeholders engaged in it. Samunnati was established in 2014 and is headquartered in Chennai, Tamil Nadu.

Afluenta

Series C in 2019
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.

The Better India

Series A in 2019
The Better India Pvt Ltd. operates an online news platform that focuses on publishing and sharing positive stories about unsung heroes, changemakers, and innovative developments across various sectors, including education, women's empowerment, travel, history, arts, and social development. Founded in 2008 and based in Bengaluru, India, the platform aims to highlight inspirational achievements and the progress made by individuals and communities. It also offers a weekly email newsletter that features a digest of articles covering motivational feats, lesser-known travel destinations, and the spirit of doing good. By showcasing these narratives, The Better India seeks to bring attention to the incremental positive changes occurring within the country.

Kamatan

Seed Round in 2018
Kamatan Farm Tech Pvt Ltd engages in building agri supply chains for fresh produce to address the needs of farmers and buyers in India. It assists farmers in the implementation of best practices in producing, harvesting, packaging, and transporting fresh produce; handles the entire range of farm produce sourced directly from farmers and farmer producer organizations; and manages the value chain from farm gate to a buyer’s doorstep. The company was incorporated in 2017 and is based in New Delhi, India.

Bankingly

Series A in 2018
Bankingly is a software as a service (SaaS) provider that specializes in delivering digital banking solutions to financial institutions. Founded in 2015 and based in Montevideo, Uruguay, the company offers a platform that facilitates internet-based banking services through various digital channels, including mobile banking, online banking, and conversational banking. Bankingly's solutions are designed to enhance financial inclusion, particularly for underbanked or lower-income customers. The platform equips financial organizations with tools to manage their products, execute digital transactions, and maintain effective communication with clients. By enabling secure and agile banking experiences at a reasonable cost, Bankingly helps institutions improve customer acquisition and adapt to the rapidly evolving financial landscape.

Grupo VI-DA

Series A in 2018
Grupo VI-DA is a prominent company based in Palermo, Argentina, with additional offices in Mexico, that specializes in developing a technology-based platform for Spanish-language digital content. The organization provides a variety of digital reading products aimed at students, schools, and consumers, thereby enhancing access to a wide range of Spanish-language fiction, nonfiction, technical, and academic materials. In response to the evolving needs of the digital age, Grupo VI-DA offers innovative multimedia platforms tailored for the Hispanic market, including products such as Leamos, BIDI, GrandesLibros, IndieLibros, Vesvi, DualLanguage, BajaMusica, and Mundo TKM.

Afluenta

Series C in 2018
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.

Varthana

Series C in 2018
Varthana provides loans and support for affordable private schools. They are a Non-Banking Financial Company (NBFC) headquartered in Bangalore, India.

Shubham

Series D in 2018
Shubham Housing Development Finance Company Private Limited, established in 2010 and based in Gurugram, India, specializes in providing housing finance solutions tailored for families with informal incomes. The company focuses on offering home loans, home improvement loans, and loans against property to customers who often do not qualify for traditional financing options. Shubham aims to empower urban low-income families by employing an interview-based approach to underwriting, which allows for a better understanding of the customer's unique financial circumstances. This method enables the company to offer customized and affordable credit programs that cater to the specific housing needs of individuals and families in urban and semi-urban areas.

Samunnati

Series C in 2018
Samunnati is a provider of financial intermediation, market linkages, and advisory services that are used to enhance the value of all players across the agriculture value chain. The company aims to provide underserved households access to markets through financial intermediation and advisory services by focusing on the key economic drivers of a district. The objective is to aid the enterprises and value chains to operate at a higher level of productivity thereby creating value for all the stakeholders engaged in it. Samunnati was established in 2014 and is headquartered in Chennai, Tamil Nadu.

Kamatan

Seed Round in 2018
Kamatan Farm Tech Pvt Ltd engages in building agri supply chains for fresh produce to address the needs of farmers and buyers in India. It assists farmers in the implementation of best practices in producing, harvesting, packaging, and transporting fresh produce; handles the entire range of farm produce sourced directly from farmers and farmer producer organizations; and manages the value chain from farm gate to a buyer’s doorstep. The company was incorporated in 2017 and is based in New Delhi, India.

Afluenta

Series B in 2017
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.

Nuvemshop

Series B in 2017
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online business easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.

LEAD

Series A in 2017
LEAD School, founded in 2012 and based in Mumbai, Maharashtra, India, provides educational services aimed at enhancing the learning experience for children through technology. The organization empowers teachers by offering an app that includes detailed lesson plans and audio-visual resources, facilitating a more effective teaching process. Additionally, LEAD School fosters collaboration among teachers, parents, and educational institutions to achieve a common goal of academic excellence. By integrating various educational tools and resources, LEAD School strives to ensure that every child has access to quality education.

Samunnati

Series B in 2017
Samunnati is a provider of financial intermediation, market linkages, and advisory services that are used to enhance the value of all players across the agriculture value chain. The company aims to provide underserved households access to markets through financial intermediation and advisory services by focusing on the key economic drivers of a district. The objective is to aid the enterprises and value chains to operate at a higher level of productivity thereby creating value for all the stakeholders engaged in it. Samunnati was established in 2014 and is headquartered in Chennai, Tamil Nadu.

CreditMantri

Series B in 2017
CreditMantri Finserv Private Limited provides individuals with credit score analysis and credit improvement program. It engages in educating consumers about their credit history, as well as leverages the same to improve/enhance their chances for becoming loan/credit card eligible. The company also provides individuals with a plan to improve their credit score and works with them for improving their loan/credit card eligibility. In addition, it helps individuals obtain their CIBIL report and provide them with a credit scan; and conducts analysis and provides them with a credit health report. Further, the company provides services for individuals to find loans/credit cards, improve credit score and history, and reduce their EMI costs. CreditMantri Finserv Private Limited was founded in 2012 and is based in Chennai, India.

Airtm

Seed Round in 2017
Airtm is an online platform that facilitates monetary transactions, allowing individuals to send, receive, or save money in a USD-denominated account. Founded in 2015, the company aims to help users, particularly in developing regions, manage currency devaluation and access financial services. Airtm connects clients with certified cashiers, who assist in depositing or withdrawing funds, earning a commission for their services. The platform operates as an e-wallet integrated with over 300 bank and e-money systems through a peer-to-peer network, enabling users to hold their funds in either dollars or cryptocurrency and conduct transactions both domestically and internationally. With headquarters in Mexico City and San Francisco, Airtm is a registered money service business in the United States.

Indifi

Series B in 2016
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

Indifi

Series B in 2016
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

LivLush

Series A in 2016
LivLush, formerly known as GreenAgTech, operates a supply chain platform focused on delivering fresh fruits and vegetables directly from farmers to business clients, including hotels, restaurants, and retailers. By minimizing the number of intermediaries in the supply chain, LivLush aims to enhance the quality of produce and reduce costs associated with pilferage and margin-seeking middlemen. The company's approach not only benefits consumers with fresher products but also supports farmers by providing them with better pricing and meaningful price data to improve their income. With a commitment to efficiency in the agricultural supply chain, LivLush is expanding its operations across various regions in India, enhancing connectivity between producers and end-users.

Covalto

Seed Round in 2016
Credijusto provides an online lending platform designed to offer easy, reliable, and transparent credit for SMEs. Its platform offers credit models that are focused on the health of each business, focusing on overall performance, rather than considering only the owner's personal credit history, enabling small businesses to obtain accessible credits in a fraction of the time and effort and grow their business. The company's credit models are focused on the health of each business, focusing on overall performance, rather than considering only the owner's personal credit history. The company was founded in 2015 and is based in Mexico City.

Varthana

Series B in 2016
Varthana provides loans and support for affordable private schools. They are a Non-Banking Financial Company (NBFC) headquartered in Bangalore, India.

Afluenta

Series B in 2016
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.

SecureNow

Venture Round in 2016
Secure Now Insurance Broker (P) Ltd is an insurance broking firm that offers fair insurance options to clients. SecureNow is founded by experienced professionals with an excellent track record in the industry. SecureNow works with CEOs, CFOs, and HR Heads to procure employee benefits, property and liability insurance solutions.

Indifi

Seed Round in 2015
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

Vistaar

Series D in 2015
The idea of Vistaar dawned on the minds of two first generation entrepreneurs, who truly believe in supporting and creating new economic opportunity through providing access to finance, to deserving small business men, to enhance and enrich their lives and the community they live in. The Company targets the missing middle segment, consisting of customers with an annual income of Rs 120000-10,00,000, which is not effectively served by the formal financial system.

Samunnati

Series A in 2015
Samunnati is a provider of financial intermediation, market linkages, and advisory services that are used to enhance the value of all players across the agriculture value chain. The company aims to provide underserved households access to markets through financial intermediation and advisory services by focusing on the key economic drivers of a district. The objective is to aid the enterprises and value chains to operate at a higher level of productivity thereby creating value for all the stakeholders engaged in it. Samunnati was established in 2014 and is headquartered in Chennai, Tamil Nadu.

CreditMantri

Series A in 2015
CreditMantri Finserv Private Limited provides individuals with credit score analysis and credit improvement program. It engages in educating consumers about their credit history, as well as leverages the same to improve/enhance their chances for becoming loan/credit card eligible. The company also provides individuals with a plan to improve their credit score and works with them for improving their loan/credit card eligibility. In addition, it helps individuals obtain their CIBIL report and provide them with a credit scan; and conducts analysis and provides them with a credit health report. Further, the company provides services for individuals to find loans/credit cards, improve credit score and history, and reduce their EMI costs. CreditMantri Finserv Private Limited was founded in 2012 and is based in Chennai, India.

Ujjivan

Private Equity Round in 2015
Ujjivan Financial Services Limited, founded in 2005 and headquartered in Bengaluru, India, specializes in providing a comprehensive range of financial services aimed at economically active poor individuals in urban and semi-urban areas. The company offers a variety of products, including micro and rural finance, housing loans, personal and vehicle loans, and loans for micro and small businesses. Additionally, Ujjivan provides group and individual insurance products. Its subsidiary, Ujjivan Small Finance Bank Limited, was established in 2016 and focuses on serving financially unserved and underserved segments through banking products, including savings and current accounts, fixed deposits, and an array of loan offerings such as agricultural, educational, and personal loans. Ujjivan operates a significant network of banking outlets and ATMs, reflecting its commitment to financial inclusion in India.

Samunnati

Seed Round in 2015
Samunnati is a provider of financial intermediation, market linkages, and advisory services that are used to enhance the value of all players across the agriculture value chain. The company aims to provide underserved households access to markets through financial intermediation and advisory services by focusing on the key economic drivers of a district. The objective is to aid the enterprises and value chains to operate at a higher level of productivity thereby creating value for all the stakeholders engaged in it. Samunnati was established in 2014 and is headquartered in Chennai, Tamil Nadu.

Varthana

Series A in 2014
Varthana provides loans and support for affordable private schools. They are a Non-Banking Financial Company (NBFC) headquartered in Bangalore, India.

Shubham

Series C in 2014
Shubham Housing Development Finance Company Private Limited, established in 2010 and based in Gurugram, India, specializes in providing housing finance solutions tailored for families with informal incomes. The company focuses on offering home loans, home improvement loans, and loans against property to customers who often do not qualify for traditional financing options. Shubham aims to empower urban low-income families by employing an interview-based approach to underwriting, which allows for a better understanding of the customer's unique financial circumstances. This method enables the company to offer customized and affordable credit programs that cater to the specific housing needs of individuals and families in urban and semi-urban areas.

Vistaar

Series C in 2014
The idea of Vistaar dawned on the minds of two first generation entrepreneurs, who truly believe in supporting and creating new economic opportunity through providing access to finance, to deserving small business men, to enhance and enrich their lives and the community they live in. The Company targets the missing middle segment, consisting of customers with an annual income of Rs 120000-10,00,000, which is not effectively served by the formal financial system.

Shubham

Series B in 2012
Shubham Housing Development Finance Company Private Limited, established in 2010 and based in Gurugram, India, specializes in providing housing finance solutions tailored for families with informal incomes. The company focuses on offering home loans, home improvement loans, and loans against property to customers who often do not qualify for traditional financing options. Shubham aims to empower urban low-income families by employing an interview-based approach to underwriting, which allows for a better understanding of the customer's unique financial circumstances. This method enables the company to offer customized and affordable credit programs that cater to the specific housing needs of individuals and families in urban and semi-urban areas.

Vistaar

Series B in 2012
The idea of Vistaar dawned on the minds of two first generation entrepreneurs, who truly believe in supporting and creating new economic opportunity through providing access to finance, to deserving small business men, to enhance and enrich their lives and the community they live in. The Company targets the missing middle segment, consisting of customers with an annual income of Rs 120000-10,00,000, which is not effectively served by the formal financial system.

Vistaar

Series B in 2012
The idea of Vistaar dawned on the minds of two first generation entrepreneurs, who truly believe in supporting and creating new economic opportunity through providing access to finance, to deserving small business men, to enhance and enrich their lives and the community they live in. The Company targets the missing middle segment, consisting of customers with an annual income of Rs 120000-10,00,000, which is not effectively served by the formal financial system.

Glocal Healthcare

Corporate Round in 2012
Glocal Healthcare is focused on enhancing healthcare delivery through a technology-enabled platform that utilizes apps, digital dispensaries, and hospitals. The company operates a chain of hospitals aimed at providing comprehensive treatment services in rural areas, including outpatient, inpatient, operation theater, emergency, and obstetric care. Glocal's telemedicine solutions, which include 250 IoT-based digital clinics, allow patients to access healthcare services remotely, facilitating quicker treatment initiation and improving the likelihood of successful outcomes. The company offers two applications, hellolyf and hellolyf Dr, available on Google Play, which further enhance accessibility to healthcare services. By leveraging technology, Glocal Healthcare is committed to making healthcare more affordable, accessible, and accountable, particularly in regions where traditional healthcare systems struggle to reach.

Ujjivan

Venture Round in 2012
Ujjivan Financial Services Limited, founded in 2005 and headquartered in Bengaluru, India, specializes in providing a comprehensive range of financial services aimed at economically active poor individuals in urban and semi-urban areas. The company offers a variety of products, including micro and rural finance, housing loans, personal and vehicle loans, and loans for micro and small businesses. Additionally, Ujjivan provides group and individual insurance products. Its subsidiary, Ujjivan Small Finance Bank Limited, was established in 2016 and focuses on serving financially unserved and underserved segments through banking products, including savings and current accounts, fixed deposits, and an array of loan offerings such as agricultural, educational, and personal loans. Ujjivan operates a significant network of banking outlets and ATMs, reflecting its commitment to financial inclusion in India.

Glocal Healthcare

Seed Round in 2011
Glocal Healthcare is focused on enhancing healthcare delivery through a technology-enabled platform that utilizes apps, digital dispensaries, and hospitals. The company operates a chain of hospitals aimed at providing comprehensive treatment services in rural areas, including outpatient, inpatient, operation theater, emergency, and obstetric care. Glocal's telemedicine solutions, which include 250 IoT-based digital clinics, allow patients to access healthcare services remotely, facilitating quicker treatment initiation and improving the likelihood of successful outcomes. The company offers two applications, hellolyf and hellolyf Dr, available on Google Play, which further enhance accessibility to healthcare services. By leveraging technology, Glocal Healthcare is committed to making healthcare more affordable, accessible, and accountable, particularly in regions where traditional healthcare systems struggle to reach.

GKN - GloboKasNet

Venture Round in 2010
GloboKasNet is a multibank payment network based in Peru. The company offers transaction, processing, and settlement services to low income urban and rural clients of banks, microfinance institutions and commercial wholesalers. GloboKasNet was launched in 2007.

Swadhaar FinServe

Venture Round in 2010
RBL FinServe Ltd. is a financial service provider based in Mumbai, India, that focuses on delivering loans and savings products to low-income households and micro-entrepreneurs. The company offers a range of financial solutions, including loans for micro and small enterprises, basic saving bank deposit accounts, and credit-linked life insurance. By addressing the needs of underserved communities, RBL FinServe aims to empower economically active individuals in urban areas, particularly in cities like Mumbai, which has a significant population of urban poor. Originally established as Swadhaar FinServe Pvt. Ltd. in 2005, the company rebranded to its current name and operates as a subsidiary of RBL Bank Limited. Through its innovative approach to microcredit, RBL FinServe seeks to create a new lending methodology that can be applied to other major cities in India.

Vistaar

Series A in 2010
The idea of Vistaar dawned on the minds of two first generation entrepreneurs, who truly believe in supporting and creating new economic opportunity through providing access to finance, to deserving small business men, to enhance and enrich their lives and the community they live in. The Company targets the missing middle segment, consisting of customers with an annual income of Rs 120000-10,00,000, which is not effectively served by the formal financial system.

Grama Vidiyal Microfinance

Venture Round in 2009
Grama Vidiyal Microfinance is a prominent microfinance institution in Tamil Nadu, specifically operating in Trichy and Chennai. It specializes in providing small, collateral-free loans to women who lack access to formal credit. The organization is committed to empowering women from impoverished families by facilitating their inclusion in community networks and enhancing their social, economic, and political standing. In addition to its loan offerings, Grama Vidiyal also provides insurance services, supporting individuals in meeting their general, seasonal, and business financing needs. Through its focused approach to poverty alleviation, Grama Vidiyal aims to foster sustainable development within the communities it serves.

Ujjivan

Venture Round in 2008
Ujjivan Financial Services Limited, founded in 2005 and headquartered in Bengaluru, India, specializes in providing a comprehensive range of financial services aimed at economically active poor individuals in urban and semi-urban areas. The company offers a variety of products, including micro and rural finance, housing loans, personal and vehicle loans, and loans for micro and small businesses. Additionally, Ujjivan provides group and individual insurance products. Its subsidiary, Ujjivan Small Finance Bank Limited, was established in 2016 and focuses on serving financially unserved and underserved segments through banking products, including savings and current accounts, fixed deposits, and an array of loan offerings such as agricultural, educational, and personal loans. Ujjivan operates a significant network of banking outlets and ATMs, reflecting its commitment to financial inclusion in India.

Madura Microfinance

Venture Round in 2008
Madura is a highly efficient, customer focused microfinance institution that serves economically active, rural women in Tamil Nadu.

Comat

Series C in 2008
Comat enables access to information based services to citizens in rural India. Established in 1996, their company has successfully merged business profitability with social welfare. Their business model is oriented towards economic development of underserved markets, by providing services like employability training, job creation, financial inclusion and essential Government services. They have attained leadership in their area of business by successfully mapping the needs of India’s rural population and efficiently delivering the same through a network of Rural Business Centers.

MokshaYug Access India

Venture Round in 2008
MokshaYug Access (MYA) is a supply chain solutions company that builds income-certainty for rural producers through its participation across every component of rural supply chains (e.g., dairy). MYA ensures that rural producers realize an optimum share of the end consumer value through rural-producer yield improvement programs and by building procurement and transportation infrastructure that links producers in rural areas to consumers in urban markets.
Bharat Financial Inclusion Limited, formerly SKS Microfinance Limited, is a non-banking financial company-micro finance institution (NBFC-MFI). The Company is engaged in providing micro finance services to women in the rural areas of India enrolled as members and organized as Joint Liability Groups. In addition to its business of providing micro-credit, the Company uses its distribution channel to provide other financial products and services to the members. Programs in this regard primarily relate to providing of loans to the members for the purchase of mobile handsets, solar lamps, bicycle and sewing machines, among others.

Credex

Venture Round in 2006
Credex is a profit oriented microfinance institution dedicated to offering financial support for the economic and social development of those unserved by the traditional banking system. Credex targets low-income borrowers through individual productive loans in the poor urban and semi-urban areas and village banking in the rural areas of Mexico.
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