MICROCAPITAL BRIEF: SarvaGram Raises $10m from Elevation Capital, Elevar Equity for Microfinance in India

SarvaGram, a microlender in India, recently secured equity investments totaling USD 10.5 million in a funding round led by Elevation Capital, with participation from Elevar Equity. The terms of the investments have not been released. Elevar Equity previously invested USD 3.5 million in SarvaGram, which offers