Mahagram is a Mumbai based fintech startup

Basic Information

Mahagram is a Mumbai based fintech startup. The five-year old bootstrapped start-up launched Bharat ATM, a rural banking platform in October 2020, using private banks’ proprietary licenses. Bharat ATM already has 1.5 lakh touchpoints across the country which comprises 20,000 handheld terminals (wireless ATMs) for card payments run on Aadhaar and RuPay card, and the rest are all Android mobiles with the Bharat ATM app installed, which can be used along with a finger print scanner for Aadhaar authentication to dispense cash. These handheld wireless terminals are given to kirana store owners to enable card payments for customers and the store owner is asked to download the Bharat ATM app on their Android mobile phones. Only those kirana stores that have adequate cash transactions every day are selected to enable cash transactions for customers. See more

Legal Name


Mahagram Payments Private Limited



Mumbai, Maharashtra , India

Founding Date



No. of Employees


151 to 250

Core Team


Ram Shriram

Founder & CEO