DVARA KGFS Raises Approx. $14M in Series E Funding

Dvara Kshetriya Gramin Financial Services Private Limited (DVARA KGFS) (formerly Pudhuaaru Financial Services Private Limited), a Chennai based financial inclusion company providing customer-centric services in rural India, raised INR 97 crores (approx. $14m) in Series E funding.

The round was led by Stakeboat Capital, with participation from existing investors LeapFrog Investment and Dvara Trust. Its other major shareholder Accion participated with additional funds in 2018.

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