Fintech Firm Saswat Finance Raises $2.6M in Funding

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On June 17, 2025, Saswat Finance secured $2.6 million in pre-Series A funding, led by Ankur Capital with support from Incubate Fund Asia. 

The investment will help boost its tech platform, introduce new financial products, expand into key regions, and improve data analytics capabilities.

Funding history

Saswat Finance has cumulatively raised approximately $9.1 million+ :

  • Seed Funding: Raised $700K 
  • First Interstitial Round: Raised $5.8 million
  • Pre-Series A Round: Raised $2.6 million 

These funds have helped Saswat to strengthen its technology backbone, introduce innovative financial products.

It has also helped the Mumbai-based Fintech expand operations across Maharashtra, Karnataka, and Uttar Pradesh, as well as advance its data-driven analytics to better serve rural credit and insurance needs.

Saswat: Effective Financial Solutions

Sunita is a small-scale farmer. Thanks to Saswat’s technology, her work has become “fast, convenient, and reliable.”

What does Saswat do for farmers?

Well, it offers financial products and services tailored to the needs of rural Indians, such as cattle finance, cattle care, insurance and animal health.

Their doorstep banking services bring financial management to the doorsteps of rural residents.

And guess what? 

Saswat has partnered up with various dairy cooperatives such as Amul and Britannia for delivering customer services.

It has also partnered up with various banks and NFBScs to provide credit to banks. Some of them are RBL Bank and Shivalik Small Finance Bank. 

With this, it has catered to over 6,000 rural customers and has disbursed ₹55 crore in asset-backed loans to farmers.

To build better, Saswat is ready to expand regions, diversify products and scale technology. 

It is ready to help more people like Sunita.