Mumbai: Saarathi Finance, a newly licensed Greenfield NBFC co-founded by Vivek Bansal and Sunil Daga, has successfully closed its ₹475 crore Series A funding round to fuel inclusive credit access for India’s micro and nano businesses. The milestone investment marks a significant step toward bridging the credit gap in semi-urban and rural regions across Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Rajasthan, and Uttar Pradesh.

The round was led by marquee investors such as TVS Capital Funds, Lok Capital, Evolvence Equity Partners, Paragon Partners, and leading angel investors who together contributed around ₹350 crores. The remaining capital was infused by co-founders Vivek Bansal and Sunil Daga, reaffirming their long-term commitment. The latest funding pegs Saarathi Finance’s valuation at over ₹900 crores.

“This funding will accelerate our vision of empowering MSMEs with meaningful financial access,” said Vivek Bansal, Founder and CEO, Saarathi Finance. “We are building not just a lender, but a partner for Bharat’s grassroots entrepreneurs.”

Backing From Leading Investors
Gopal Srinivasan, Chairman & MD, TVS Capital Funds said:
“Saarathi Finance’s mission aligns perfectly with our goal of inclusive growth. Their deep focus on underserved MSMEs supports India’s march towards a $10 trillion economy.”

Rajat Bansal, MD, Lok Capital stated:
“We see Saarathi as a future leader in secured micro-enterprise lending – a space where innovation, underwriting, and capital discipline matter deeply.”

Abhishek Chandra, Partner, Evolvence Equity Partners added:
“With its strong leadership and clear vision, Saarathi is poised to create a lasting impact in India’s MSME financing landscape.”

Siddharth Parekh, Co-Founder, Paragon Partners said:
“We are bullish on secured MSME lending in India. Saarathi’s high-caliber team is well-positioned to unlock the vast potential in this sector.”

Focused on Financial Inclusion Through Tech + Touch
Saarathi Finance is building a differentiated NBFC model that merges technology-led credit solutions with personalized customer engagement. The company offers a mix of secured and unsecured loans with flexible income assessment, fast disbursals, and a deep understanding of the unique needs of micro-entrepreneurs.

This funding will allow Saarathi to expand its footprint and product offerings, bringing formal credit to underserved MSMEs, especially in regions historically ignored by traditional lenders.