Company profile
Pragati Finserv Private Limited
Simplified & Tech enabled Financial Services for the Rural & Semi Urban customers
- Industry
- Financial Services
- Employees
- 315
- Headquarters
- HYDERABAD, TELANGANA
- Founded
- 2021
- LinkedIn followers
- 7,848
- Office locations
- 1
Pragati Finserv Private Limited company summary
Pragati Finserv Private Limited is a company in the Financial Services industry, headquartered in HYDERABAD, TELANGANA, founded in 2021. On LinkedIn the company has around 315 employees and 7,848 followers.
What technology does Pragati Finserv Private Limited use?
No technologies detected yet. Warmrank rechecks company websites on a rolling basis.
About Pragati Finserv Private Limited
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.
Where is Pragati Finserv Private Limited located?
Pragati Finserv Private Limited lists 1 location.
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Frequently asked questions about Pragati Finserv Private Limited
What does Pragati Finserv Private Limited do?
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.
How many employees does Pragati Finserv Private Limited have?
Pragati Finserv Private Limited has around 315 employees on LinkedIn.
Where is Pragati Finserv Private Limited headquartered?
Pragati Finserv Private Limited is headquartered in HYDERABAD, TELANGANA.
When was Pragati Finserv Private Limited founded?
Pragati Finserv Private Limited was founded in 2021.
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