mValu Technology Services has completed a Series A fund raise from Elevar Advisors

mValu Technology Services Private Limited has completed a Series A fund raise from Elevar Advisors.

mValu Technology Services is a new age digital hyperlocal platform built with an objective to provide access to financial products to underserved population. The company targets to tap multiple distribution channels and onboard partners such as financial influencers and advisors to cross-sell a wide range of financial products within their eco-system. The platform strives to understand and influence borrowers using assisted technology and data analytics, and leveraging that to offer full-stack financial product solutions.

Elevar Advisors is an impact investor focused on building and supporting institutions which cater to underserved customers in low income communities.

Oaklins' team in India was the exclusive sell-side advisor to mValu Technology Services in this transaction.