Samvriddhi

Kolkata, India Founded: 2008 • Age: 18 yrs Acquired By MOS
Correspondent services for banks, government and developmental organizations

About Samvriddhi

Samvriddhi is a Financial Services company based in Kolkata (India) founded in 2008, and was acquired by MOS in September 2024. Correspondent services for banks, government and developmental organizations. The company has 67 employees. Its Indian entity Samvriddhi Inclusive Growth Network Private Limited reported revenue of β‚Ή19.35 Cr. Its focus areas include Service Providers to Banks, BPO and Banking.

Company details

Founded in 2008 and headquartered in Kolkata, India, Samvriddhi functions as a banking correspondent in the financial services sector. Customer service points and kiosks are established to provide low-cost delivery channels for banks, government entities, and developmental organizations in hinterland regions. Activities are concentrated in Bihar, Jharkhand, and Orissa, with key partnerships including SBI, Union Bank of India, and Utkal Gramya Bank.

Key Metrics
  • Annual Revenue
    ₹19.35 Cr

    FY 2025 · +2% YoY

  • Net Profit
    ₹60.3 Lakh

    FY 2025 · 3% margin

  • EBITDA
    ₹94.1 Lakh

    FY 2025 · 5% margin

  • Investors
  • Employee Count
    67
  • Acquired by
    MOS

    (Sep 2024)

Investors in Samvriddhi

Samvriddhi has secured backing from 1 investor. Prominent investors backing the company include MOS.

All
InvestorDescriptionFounded YearDomainLocation
Financial services for e-commerce businesses are provided by MOS.
2009mos-world.comMumbai, India
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Investor details for Samvriddhi

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Board of directors of Samvriddhi Inclusive Growth Network Private Limited (Samvriddhi)

Samvriddhi Inclusive Growth Network Private Limited is the primary company behind Samvriddhi. The board of Samvriddhi Inclusive Growth Network Private Limited currently have 3 directors; the longest-serving is Ravi Natvarlal Ruparelia, appointed in 2024. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ravi Natvarlal Ruparelia
DIN 09091603
Director19 Sep 20242 yrs 1 moSamvriddhi Inclusive Growth Network Private Limited
Pradeepkumar Suresh Vishwakarma
DIN 10776921
Director19 Sep 20242 yrs 1 moSamvriddhi Inclusive Growth Network Private Limited
Gaurav Devi Prasad Karmawat
DIN 10777969
Director17 Jan 20251 yr 9 moSamvriddhi Inclusive Growth Network Private Limited

Financials of Samvriddhi

Figures of Samvriddhi Inclusive Growth Network Private Limited, the primary company behind Samvriddhi, for FY 2025. Revenue was ₹19.35 Cr (+2% year on year). Net profit was ₹60.3 Lakh (3% margin). EBITDA was ₹94.1 Lakh (5% margin). Revenue has grown at a compounded annual rate of +11% over three years.

  • ₹19.35 CrRevenue · FY 2025 · +2% YoY
  • ₹60.3 LakhNet profit · 3% margin
  • ₹94.1 LakhEBITDA · 5% margin
  • ₹4.2 LakhPaid-up capital
  • 67Employees (provident fund records)
  • +11%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Samvriddhi Inclusive Growth Network Private Limited are on its company page.

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Detailed financial statements for Samvriddhi

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Timeline of Samvriddhi

2 dated milestones of Samvriddhi across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Samvriddhi is founded.
  2. Exit Acquired by MOS.

Web traffic of Samvriddhi

The website of Samvriddhi (samvriddhi.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 10.6% vs previous month

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Frequently Asked Questions about Samvriddhi

Samvriddhi was founded in 2008.

Samvriddhi is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

Samvriddhi has 67 employees.

The primary company behind Samvriddhi, Samvriddhi Inclusive Growth Network Private Limited, reported revenue of β‚Ή19.35 Cr for FY 2025, up 2% year on year.

Founded in 2008 and headquartered in Kolkata, India, Samvriddhi functions as a banking correspondent in the financial services sector. Customer service points and kiosks are established to provide low-cost delivery channels for banks, government entities, and developmental organizations in hinterland regions. Activities are concentrated in Bihar, Jharkhand, and Orissa, with key partnerships including SBI, Union Bank of India, and Utkal Gramya Bank.

Samvriddhi has 1 investor. Key investors include MOS.

Samvriddhi operates through Samvriddhi Inclusive Growth Network Private Limited.

Yes. Samvriddhi was acquired by MOS in September 2024.

The legal entities of Samvriddhi currently have 3 directors, including Ravi Natvarlal Ruparelia, Gaurav Devi Prasad Karmawat, Pradeepkumar Suresh Vishwakarma.

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