Svasti Microfinance operates as a microfinance institution aiming to become a diversified, technology-driven financial services provider. It uses SvasTech, a proprietary fintech platform embedding AI and ML, to enhance credit underwriting and assess risk for informal micro-enterprises lacking documented income or collateral. The company is diversifying product offerings beyond Joint Liability Group lending and pursuing co-lending partnerships with banks and NBFCs. Svasti has set a target to reach an assets under management of ₹1,400 crore by March 2027 and to operate across 150 branches in seven states. Recent fundraising history includes prior investments in 2021 and a ₹40 crore raise in 2023; the latest ₹47.5 crore round will be used to expand the loan portfolio and strengthen digital infrastructure. Company leadership describes the strategy as building a consumer finance business that balances high profitability with social impact.

Total raised

$5M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2026