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[Funding News] NBFC Swara Fincare Secures Rs 19.4 Cr Series A Funding

  • NBFC Swara Fincare has secured Rs 19.4 crore ($2.3 million) in a Series A funding round.
  • The funding will be used to advance financial empowerment for micro and small business owners, expand distribution network, develop innovative products, and enhance technological platforms.
  • Swara Fincare collaborates with NGOs, government agencies, and other organizations to provide financial literacy programs, training, and mentorship.
  • The company operates in multiple states and has received debt support from over 30 financial companies and banks.

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