About Pragati Finserv
Pragati was incorporated in 2021 under the leadership of cofounder Jagadish Babu Ramadugu, an industry veteran with the aim of offering small ticket loans through an efficient, agile and scalable digital platform to under-served rural and semi-urban areas of the country. We currently operate 189 Branches across 6 states serving more than 300,000 households. Pragati aims to reach out to a million households in its passionate journey to improve financial inclusion in Bharat.
Currently Pragati is providing it's services as a Business Correspondent to Northern Arc Capital. We are a subsidiary of Northern Arc Capital.
About Northern Arc Capital
Northern Arc Capital Limited is a platform in the financial services sector in India. Through technology and data, it provides a diverse set of solutions to cater to the credit requirements of emerging segments and small businesses. Its business model is diversified across offerings, sectors, products, geographies, and borrower segments.
Northern Arc has cumulatively raised over INR One Trillion in funds for its clients since the inception of its platform in 2009. Northern Arc’s exposure was spread across 657 districts in 28 states and 7 Union Territories in India, as of March 31, 2021. It has disbursed a total of over 6 million loans to retail customers across individuals, households and small businesses.
It is backed by marquee private equity players like LeapFrog, IIFL, Accion, Augusta Investments (known as Affirma Capital), Dvara Trust, Eight Roads and Sumitomo Mitsui Banking Corporation.
Company Details
- Employees
- 246
- Founded
- -
- Address
- Hyderabad, Telangana 500034, In
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://www.pragatifin.com
- Keywords
- HYDERABAD.
- HQ
- HYDERABAD, TELANGANA
- Competitors
- Spandana Sphoorty Financial Limited, FinReach, Vaya Finserv Private Limited, Bharat Financial Inclusion Limited (100% subsidiary of IndusInd Bank Ltd.), SATYA MicroCapital Limited, Svatantra Microfin Pvt. Ltd., Altifi, Madura Micro Finance Ltd, Belstar Microfinance Limited, Northern Arc Capital.
Pragati Finserv Private Limited Questions
Pragati Finserv Private Limited's website is http://www.pragatifin.com
Pragati Finserv Private Limited's LinkedIn profile is https://in.linkedin.com/company/pragatifin
Pragati Finserv Private Limited has
246 employees.
View email and phone details for 246
employees at Pragati Finserv Private Limited.
Pragati Finserv Private Limited's industry is
Financial Services
Pragati Finserv Private Limited's top competitors are
Spandana Sphoorty Financial Limited,
Finreach,
Vaya Finserv Private Limited,
Bharat Financial Inclusion Limited (100% Subsidiary Of Indusind Bank Ltd.),
Satya Microcapital Limited,
Svatantra Microfin Pvt. Ltd.,
Altifi,
Madura Micro Finance Ltd,
Belstar Microfinance Limited,
Northern Arc Capital.
Pragati Finserv Private Limited's categories are Financial Services
Pragati Finserv Private Limited's founding year is 2021
