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The Economic Times

Markets / The Economic Times

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Svasti Microfinance raises Rs 47.5 crore

Adar Poonawalla-backed Svasti Microfinance secured 47.5 crore from key investors, including Abler Nordic and Rajiv Dadlani Group. This funding, a mix of equity and debt, will fuel expansion of its loan portfolio, bolster digital infrastructure, and broaden product offerings beyond joint liability loans. Svasti targets 1,400 crore in assets under management by March 2027.

18 Mar 2026 6:02 am