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Samvriddhi Inclusive Growth Network (P) Ltd

Into Financial Inclusion working for 5 banks as BC .300 Customer Service Points with 0.30 mn accounts.Order Book -200 CSPs & 0.25 mn a/cs.

  • Stage $500K in TTM Revenue
  • Industry Financial Services
  • Location Kolkata, West Bengal, India
  • Currency INR
  • Founded June 2010
  • Employees 300
  • Website

Company Summary

Samvriddhi is a Business Correspondent,working for 5 banks at present - providing banking services in remote/unbanked villages in 3 states-Bihar, Odisha and West Bengal.The services include opening of bio-metric enabled bank accounts and carrying out transactions with the help of GPRS technology. Products such as micro FD, loans and insurance are being introduced in phases.Other rural-centric services/products are intended to be introduced later.


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    Jayanta Kumar Gupta

    Jayanta is a career banker who has spent close to two decades in premier public (State Bank of India) and private sector banks (Centurion Bank of Punjab), holding leadership positions in each. His last assignment was Vice President & Regional Head (East). His experiences, initially gleaned from the rural setting where he spent his childhood, are based on his years of exposure to rural banking. Jayanta also had successive experiences as profit-cen

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    Alok Ranjan Pati
    Director - Projects

    Alok, a Xavier Institute of Management, Bhubaneswar (XIMB) graduate, worked extensively with State Bank Home Finance Limited, Centurion Bank and HDFC Bank. In his last assignment with HDFC Bank, he was Circle Head in East. In his entire career spanning over 19 years, Alok has worked in both in semi urban / urban and metro locations in east covering credit, deposits and general banking. During his tenure as Circle Head and Cluster Head, he was ass

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    Dilip Kumar Satpathy

    Dilip Satpathy has got 26 years of vast banking experience in Central Bank of India and ICICI Bank Ltd. Worked in states like Orissa, West Bengal, Andhra Pradesh, Maharashtra and Goa in different capacities in Retail Branch Banking, Retail Operations, Cash Management, Commodity Finance, Asset Collection, Rural Micro Enterprise group and Retail Legal group. As Regional Manager he has set up retail banking network and expanded the retail reach in M

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    Cherian Arattuculam

    Cherian Arattuculam has held a variety of senior management, sales and commercial banking positions since starting his business career in 1990. He has an undergraduate in Business Administration and an MBA from the College of Notre Dame. Cherian started his business career with Wells Fargo Bank in their business/commercial banking division and in 1996 joined Bank of America as their Senior Vice President managing the commercial banking division i


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    Amarchand Mangaldas
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    G Sah & Co., Chartered Accountant

Previous Investors

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