Svasti Microfinance is a non-banking financial company-micro finance institution (NBFC-MFI) that offers loans, savings, and insurance products.
Svasti Microfinance's products and services are designed for different kinds of women with different kinds of requirements - for starting businesses, to enhancing what they have, to purchasing goods and services for themselves and their families.
Svasti Microfinance was founded in 2010 by Arunkumar Padmanabhan & Narayanan Subramanian. The company is headquartered in Mumbai, Maharashtra, India.
Svasti Microfinance is backed by Nordic Microfinance Initiative, Michael & Susan Dell Foundation, Kayenne Ventures and others. The company raised $10M in a primary and secondary financing round on Nov 08, 2019. This brings Svasti's total funding to $17M to date.