Sarvatra Technologies Private Limited is an Indian fintech company, headquartered in Pune, Maharashtra, that provides banking software and cloud-based services to cooperative banks and smaller financial institutions. As of 2024, the company had a 55% market share in providing banking software to banks in India, with its PaaS model operating in 600 banks across India.
History
2000s
The company was founded on 22 June 2000 by Mandar Agashe and is headquartered in Pune, Maharashtra.[1] The company initially worked in conjunction with Agashe's other financial technology companies, EBZ Online and Codito, developing banking software solutions. After securing a loan worth ₹35 million from his father's Suvarna Sahakari Bank in May 2002,[3]