SAGGRAHA MANAGEMENT SERVICES PRIVATE LIMITED

In their own words

SaGgraha Management Services Private Limited (SaGgraha) is one of the largest Financial Business Correspondent, incorporated in 2014 under Companies Act, 2013 by a team of dedicated professionals who were committed to empower the credit-deprived under-served rural population of India. We are fortunate to be supported by esteemed investors such as SVCL in our journey to contribute to the country’s financial inclusion effort. Since inception our vision has been to become the most relevant, affordable and effective financial services provider to the economically weaker sections of the country through continuous process of learning, adaptation and evolution. The core values that it stands on are: Customer First, Adaptation through continuous learning, Responsible and Vigilant, Ethical and Transparent in Operations. SaGgraha is an end to end service provider to its banking partners from sourcing to collections in providing an array of products such as micro loans, small and medium enterprise loans, Savings & Deposits, Insurance and third party products to its customers. We keep working towards introducing more and more products and easy access to credit through our dedicated team of 1500 employees who are aligned and working towards making the Organization’s mission/vision, a reality. SaGgraha has always been keen on reaching to as many people in need as possible and the same vigor has enabled us to be a multi-state, multi-product and multi-bank Business correspondent operating in 7 states/UTs and 151 branches. Thus, making us successful in impacting more than three lac lives as on Mar’20. Currently, we are managing a portfolio of 716 Crores for various categories of financial institutions which includes 2 Small Finance Banks, 1 NBFC-MFI and 6 Private Sector Banks. Driven by our mission to empower the under-served, we plan to expand our portfolio to 2000 Crores by the end of year 2022. SaGgraha has not only excelled in achieving a consistent growth rate in terms of profitability and impact but also has been an ardent supporter of being technological savvy. Introducing Tablets to its on-field employees to make the process easier, faster and more convenient in terms of data collection & data security is one such example where SaGgraha has made an unmistakable move in this field. The consistency in our endeavors to improve ourselves and to expand our reach to the credit-deprived was additionally respected when The Economic Times extended to us the title of “Champions of Rural Market 2019”. Continuing our holistic approach, we strive to achieve even greater heights moving forward.

Written by the company on its public Startup India profile. Not verified by us.