Svasti Microfinance

Svasti works with urban slum dwellers women microentrepreneurs.

Operating in the urban slums of Mumbai, Svasti is a startup NBFC-MFI innovatively using technology and focusing on product design. Its microfinance program was started in October 2008. The Indian microfinance market is still largely under-penetrated, and the market is very fragmented with over 1500+ MFIs, but only a handful have an NBFC form allowing to receive equity investments like Svatsi.