Centrum Group sells housing finance arm to Weaver ServicesCentrum Group has sold its housing finance subsidiary, Centrum Housing Finance. Weaver Services, backed by Premji Invest, acquired a 75% st...
18 Mar, 2026, 11.02 PM IST
Weaver Services raises Rs 1,450 crore in rounds led by Premji Invest and LightspeedWeaver Services has secured Rs 1,450 crore in a two-tranche capital raise, the largest in India's affordable housing finance segment recent...
18 Mar, 2026, 03.32 PM IST
Weaver Services bets on acquisitions to scale affordable housing financeWeaver Services, founded in 2024 by former HDFC dealmaker Satrajit Bhattacharya, is taking an acquisition-led approach to bridge India’s ma...
22 Sep, 2025, 11.26 AM IST
Centrum finalises the sale of its housing finance arm to Weaver ServicesCentrum Capital is divesting its 56.4% stake in Centrum Housing Finance Ltd (CHFL) to Weaver Services for Rs 430 crore. Weaver Services, ba...
22 Aug, 2025, 03.03 PM IST
Centrum Capital signs agreement to sell Affordable Housing Finance Business to Weaver ServicesThe company’s valuation is approximately Rs 800 crore and Weaver Services is acquiring a 75% stake, with the acquisition cost at approximat...
22 Aug, 2025, 01.29 PM IST
Weaver Services to buy Centrum Housing Finance for Rs 600 croreWeaver Services, backed by Gaja Capital, is set to acquire a 75% stake in Centrum Housing Finance for ₹600 crore. This deal values the mort...
08 Aug, 2025, 12.43 AM IST
Centrum may soon finalise sale of its home finance armCentrum Group aims to finalize the sale of its housing finance arm by fiscal end, with options ranging from a full sale to partial stake sa...
01 Nov, 2024, 08.14 AM IST
Centrum to sell stakes in housing finance arm by MarchThe Centrum Group aims to finalize the sale of its housing finance subsidiary by the end of this fiscal year. They are engaging with multip...
31 Oct, 2024, 08.08 PM IST
Centrum ropes in EY to find buyers for its stake in housing armThe Jaspal Bindra-led group plans to either exit the housing finance business fully or pare stake to become a minority shareholder. "If we ...
24 Nov, 2023, 05.50 PM IST
Centrum Capital explores sale of its stake in housing finance businessCentrum Capital is reportedly considering selling its stake in Centrum Housing Finance, its mortgage financing business. Centrum holds a 74...
09 Oct, 2023, 12.29 AM IST
Centrum Housing Finance to pay Rs 112 crore to buy Natrust's businessCentrum Housing will acquire the housing finance business including the loan portfolio, branches and employees, the Centrum group said in a...
04 Dec, 2022, 11.25 AM IST
Centrum Housing to acquire National Trust Housing biz in a cash dealThe deal value could not be immediately ascertained, but the acquisition would be a cash deal, a person familiar with the matter said. The ...
02 Dec, 2022, 12.00 AM IST
Central Bank of India to exit housing finance business; to sell JV stake for Rs 160 croreCBHFL is a financing and mortgage company jointly promoted by four public sector institutions -- Central Bank of India, National Housing Ba...
24 Dec, 2020, 08.06 PM IST
Morgan Stanley PE says invests Rs 190 cr in Centrum Housing FinanceThe fund managed by Morgan Stanley Private Equity Asia will be the first external institutional investor in CHFL, which is promoted by Cent...
02 Feb, 2020, 12.34 PM IST
Morgan Stanley PE unit close to buying 20% in Centrum HFCentrum Housing Finance, which started operations in 2016, is a stepdown subsidiary of Centrum Capital, the listed group entity of Centrum....
13 Jan, 2020, 07.31 AM IST
Centrum set to buy L&T Finance's supply chain businessDivestment is part of a broader Larsen &Toubro effort to trim its wholesale lending business and to concentrate instead on retail and housi...
22 Aug, 2018, 11.22 PM IST
Centrum receives licence to start HFCSmall entrepreneurs and salaried employees with small private companies will be the primary target customers for the company as credit does...
22 Nov, 2016, 09.05 AM IST