[Funding] SarvaGram secures $10.5 million in a Series B round led by Elevation Capital along
New Delhi, Feb. 8 -- SarvaGram announced today that it has secured $10.5 million in a Series B equity investment round. Elevation Capital (formerly SAIF Partners) led the round. It also saw a pro-rata participation from existing investor Elevar Equity. This marks the second high-profile institutional investment in the startup in just two years of its existence. According to the company, the current round reflects its unique service delivery model. The company aims to use this fund to strengthen the technology platform. It also aims to expand its reach into new geographies and launch new offerings. Further, the company looks forward to tapping into an emerging and highly underserved market opportunity.
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