About Shram Sarathi
Shram Sarathi is a Financial Services company based in Udaipur (India) founded in 2007. Financial services are provided for migrant workers in India, focusing on savings and credit inclusion. The company has 26 employees. Its Indian entity Rajasthan Shram Sarathi Association reported revenue of ₹4.04 Cr. Shram Sarathi offers products and services including Savings Solutions and Credit Services. Its focus areas include Microfinance, Savings and Credit, For Migrant Workers and Community Development.
Company details
Shram Sarathi is identified as the first dedicated financial services institution in India that addresses the needs of vulnerable migrant workers and their households by offering savings and credit solutions. Financial inclusion is promoted to mitigate limited access to social security among seasonal migrant families, as evidenced by testimonials showing increased savings from approximately Rs.3000 to Rs.6000 over three years. Operations are based in Rajasthan, with efforts extending to community relief during events like Covid-19. Partnerships and donations are utilized to enhance these initiatives, ensuring sustainable support for affected communities.
- Headquarters Udaipur, India
- Employees 26
- SectorsFinancial Services
- Email••••••••
- Website shramsarathi.org
- Social LinkedIn YouTube
- Legal Name Rajasthan Shram Sarathi Association
- Date of Incorporation 21 Aug, 2007
- Jurisdiction Udaipur, Rajasthan, India
- Annual Revenue₹4.04 Cr
FY 2025 · -29% YoY
- Net Loss-₹2.50 Cr
FY 2025 · -62% margin
- EBITDA-₹2.13 Cr
FY 2025 · -53% margin
- Employee Count26
Associated legal entities of Shram Sarathi
Shram Sarathi operates through Rajasthan Shram Sarathi Association (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rajasthan Shram Sarathi Association CIN U91990RJ2007NPL024871 | Active | 21 Aug 2007 | Udaipur, Rajasthan | ₹4.0 Cr | 26 | 7 | View details |
Products & Services of Shram Sarathi
Shram Sarathi offers a comprehensive portfolio of products and services, including Savings Solutions and Credit Services.
Savings services are provided to migrant workers to encourage financial stability and security.
Credit access is offered to vulnerable households to address socio-economic challenges faced by migrant families.
Apps and channels of Shram Sarathi
its YouTube channel Shram Sarathi has 41 subscribers and 7 videos.
Videos from Shram Sarathi
The most watched videos on Shram Sarathi's YouTube channel, Shram Sarathi (41 subscribers). Click a video to play it here.
More on Shram Sarathi.
Board of directors of Rajasthan Shram Sarathi Association (Shram Sarathi)
Rajasthan Shram Sarathi Association is the primary company behind Shram Sarathi. The board of Rajasthan Shram Sarathi Association currently have 7 directors; the longest-serving is Rahul Nirupam Duggal, appointed in 2007. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Nirupam Duggal DIN 00510310 | Director | 21 Aug 2007 | 19 yrs 2 mo | Rajasthan Shram Sarathi Association |
| Jitendra Jain DIN 01240377 | Director | 21 Aug 2007 | 19 yrs 2 mo | Rajasthan Shram Sarathi Association |
| Rajiv Khandelwal DIN 01048717 | Director | 21 Aug 2007 | 19 yrs 2 mo | Rajasthan Shram Sarathi Association |
| Preeti Sahai DIN 02722386 | Director | 15 Apr 2010 | 16 yrs 6 mo | Rajasthan Shram Sarathi Association |
| Jayshree Ashwinkumar Vyas DIN 00584392 | Director | 03 Jul 2015 | 11 yrs 4 mo | Rajasthan Shram Sarathi Association |
| Errol Peter Dsouza DIN 07269431 | Director | 03 Jul 2015 | 11 yrs 4 mo | Rajasthan Shram Sarathi Association |
| Ajay Kumar Sharma DIN 11438100 | Director | 19 Dec 2025 | 10 mo | Rajasthan Shram Sarathi Association |
Financials of Shram Sarathi
Figures of Rajasthan Shram Sarathi Association, the primary company behind Shram Sarathi, for FY 2025. Revenue was ₹4.04 Cr (-29% year on year). Net loss was -₹2.50 Cr (-62% margin). EBITDA was -₹2.13 Cr (-53% margin). Revenue has grown at a compounded annual rate of +21% over three years and +3% over five years.
- ₹4.04 CrRevenue · FY 2025 · -29% YoY
- -₹2.50 CrNet loss · -62% margin
- -₹2.13 CrEBITDA · -53% margin
- ₹1 LakhPaid-up capital
- 26Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rajasthan Shram Sarathi Association are on its company page.
Detailed financial statements for Shram Sarathi
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Top companies in Microfinance
3 companies that operate in the same segment as Shram Sarathi (Microfinance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 40 M | USD 310.26 M | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | USD 71.68 M | 12,403 |
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Frequently Asked Questions about Shram Sarathi
Shram Sarathi was founded in 2007.
Shram Sarathi is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.
Shram Sarathi has 26 employees.
The primary company behind Shram Sarathi, Rajasthan Shram Sarathi Association, reported revenue of ₹4.04 Cr for FY 2025, down 29% year on year.
Shram Sarathi is identified as the first dedicated financial services institution in India that addresses the needs of vulnerable migrant workers and their households by offering savings and credit solutions. Financial inclusion is promoted to mitigate limited access to social security among seasonal migrant families, as evidenced by testimonials showing increased savings from approximately Rs.3000 to Rs.6000 over three years. Operations are based in Rajasthan, with efforts extending to community relief during events like Covid-19. Partnerships and donations are utilized to enhance these initiatives, ensuring sustainable support for affected communities.
Shram Sarathi offers Savings Solutions and Credit Services.
Shram Sarathi operates through Rajasthan Shram Sarathi Association.
The legal entities of Shram Sarathi currently have 7 directors, including Rahul Nirupam Duggal, Jitendra Jain, Jayshree Ashwinkumar Vyas and others.