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Peak XV-backed NBFC SarvaGram’s consolidated net loss jumped multifold to INR 61 Cr in the financial year ended March 2025 (FY25) as against INR 19.8 Cr in the previous fiscal year.
As per ICRA Analytics, SarvaGram’s revenue also skyrocketed 70.5% to INR 308.7 Cr in the financial year under review from INR 180.98 Cr in FY24.
On a standalone basis, the company recorded a net profit of nearly INR 5 Cr in the fiscal under review, with a total revenue of INR 274.3 Cr in the previous fiscal year.
Founded in 2018 by Utpal Isser and Sameer Mishra, SarvaGram offers finance solutions to underserved people living in rural and semi-urban areas. It primarily provides credit to small businesses, farmers, households and individuals. Besides, its solution suite also includes insurance and farm services.
The company recently raised INR 565 Cr as a part of its Series D funding round.
(The story will be updated soon.)
The post SarvaGram’s FY25 Net Loss Jumps Multifold To INR 61 Cr appeared first on Inc42 Media.
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