Rajeev Misra steps down as co-chief of SoftBank Vision Fund
SoftBank said the co-CEO of Vision Fund, Rajeev Misra will be stepping down from his...
Saswat Finance bags pre-Series A funding led by Ankur Capital
17 Jun 2025, 04:06 PMSaswat Finance will use the fresh capital to launch new products, strengthen its technology capabilities and boost its operations across Maharashtra, Karnataka and Uttar Pradesh.
Team Head&Tale
Share the story on
Fintech platform Saswat Finance, focussed on rural India, has raised $2.6 million in its pre-Series A funding round led by early-stage venture capital firm Ankur Capital.
Existing investor Incubate Fund Asia also participated in the funding round, it said in a statement.
Saswat Finance will use the fresh capital to launch new products, strengthen its technology capabilities and boost its operations across Maharashtra, Karnataka and Uttar Pradesh. Part of the capital will also be deployed to upgrade its data and analytics infrastructure.
The fintech company, which was founded in 2022 by Arun Tiwari, Indrajyoti Bhattacharjee and Ravi Ranjan Chaudhary, focuses on providing financial products for cattle purchase and cattle care, as per its website.
The startup claims to have onboarded more than 6000 customers and facilitated loans over Rs 55 crore. It has partnerships with consumer companies like Amul and Britannia and insurance companies such as Iffco Tokio General Insurance.
Saswat Finance had previously raised seed funding from Seedstars VC, Sparrow VC, and Incubate Fund Asia.
Rural-focussed fintech startups have been getting funding in the past months.
Earlier in March, Navadhan secured Rs 111 crore as part of its Series A funding round led by National Bank for Agriculture and Rural Development's (NABARD) venture arm NabVentures.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
Related News
