15

Elevar
Companies

Impact Report 2021
Data is as of 30 Jun 2022 unless specified otherwise. All data is cumulative, unless specified otherwise.
Smiling village women

Open agri-network with smallholder
farmers at the center

Invested: 2015
Samunnati video thumbnail
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$1.5Bn+
GTV
83%
YoY GTV growth in FY22
6Mn+
farmer network
100+
agri value chains
1500+
farmer collectives
23
states covered
Shopkeeper in cash counter

Leading credit inclusion for
digital MSMEs

Invested: 2015
Indifi video thumbnail
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$120Mn+
AUM
47K+
loans disbursed
131%
YoY loan disbursal growth
60%+
loans to micro enterprises (<$125k turnover)
20%
loans to women run enterprises
650+
cities covered
Lady officer at work

First digital challenger bank
in Mexico

Invested: 2016
Covalto video thumbnail
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$210Mn+
AUM
3.3K+
loans disbursed
132%
YoY loan disbursal growth
28%
agri loans
Textile shopkeeper

One-stop-shop solution for MSMEs
to digitize their sales channels

Invested: 2017
Nuvemshop video thumbnail
Video play button
100K+
merchants
70%
YoY order growth
5
countries covered
Primary school children

‘School-in-a-box’ solution
for Affordable Private Schools

Invested: 2017
LEAD video thumbnail
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18X
growth in schools/students impacted over a 3 year period
3500+
schools
1.4Mn+
students
1.6
years improvement in learning outcomes
20
states covered
Handing over the vehicle key to customer

India's only two-wheeler
life cycle services company

Invested: 2017
Bike Bazaar video thumbnail
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$85Mn+
AUM
~300K
loans disbursed
92%
YoY loan disbursal growth
65%
new to credit customers
53%
customers from tier II towns or lower
98%
customers without formal income proof
Village women checking mobile

Leading SaaS digital banking solution
for small & medium financial institutions

Invested: 2018
Bankingly video thumbnail
Video play button
$90Mn+
monthly transactions
50%+
engagement rate
~100
clients
~400K
registered end-users
22
countries covered
Primary school kids at classroom

Transforming the way education is delivered
in Latin American schools with digital solutions

Invested: 2018
TICMAS video thumbnail
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35K+
registered teachers
50K+
registered students
200%+
YoY registered students growth
93%
students of affordable schools
2
countries covered
Workers at cattle farm

India’s first rural household centric
distribution platform

Invested: 2019
Sarvagram video thumbnail
Video play button
$26Mn+
AUM
~14K
loans disbursed
23K+
rural households served
~78%
loans with at least one woman applicant
~53%
customers availed non-lending products
Village people with Favo products

Online supermarket with
community buying model

Invested: 2020
Favo video thumbnail
Video play button
245%
YoY GMV growth
2Mn+
orders delivered
57K+
Leaders impacted
90%
Leaders from social class C or below
Loading cart by Justo worker

Online supermarket with
affordable, top quality grocery

Invested: 2020
Justo video thumbnail
Video play button
5X
YoY sales growth
7K+
SKUs
80%
suppliers are MSMES
3%
food waste compared to 30% industry average *
3
countries covered
Physicians at laboratory

Smart ICU solution that is
democratizing quality healthcare

Invested: 2021
cloudphysician video thumbnail
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110%+
YoY monthly operating revenue growth
40K+
critical patients treated
160K+
interventions
~40%
reduction in mortality
80%
hospitals in Tier II-III cities
17
states covered
A man in a farm with mobile

Embedded consumer lending platform
for thin file & new to credit customers

Invested: 2021
Niro video thumbnail
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$4.1Mn
AUM
50%+
avg MoM AUM growth
100Mn+
users accessed through platform partnerships
33%+
first time personal loan borrowers
20%+
female borrowers
100%
collection efficiency
Data as of 31 Aug 2022
Workers at factory

Customized finance for
the startup ecosystem

Invested: 2022
StrideOne video thumbnail
Video play button
$80Mn
loans disbursed
44%+
avg MoM AUM growth
2,200+
borrowers onboarded
23+
anchor partners
100%
collection efficiency
Data as of 31 Aug 2022
Operator using computer

Fueling the growth of e commerce
SMEs with flexible financial products

Invested: 2022
Fairplay video thumbnail
Video play button
$58Mn+
originations
1,000%+
̌YoY net portfolio growth
230+
customers served
75%+
renewal rate