Agrosperity, operating under the brand KiVi, has received approval from the Reserve Bank of India (RBI) to acquire a non-banking financial company (NBFC), marking a key milestone in its expansion within rural and agricultural credit.
The approval positions the company to enhance credit access for farmers and agri-rural entrepreneurs through its phygital model, which combines technology with on-ground presence to deliver tailored financial products suited to the sector’s needs.
Agrosperity expressed appreciation to the RBI for granting the approval and acknowledged the support of its lending partners, investors and team members throughout the process. The company stated that the development strengthens its mission to make rural credit more inclusive, efficient and impactful.
The NBFC acquisition is expected to enable Agrosperity (KiVi) to scale its lending operations and deepen its role in supporting agricultural and rural communities across India.
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