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CHAITANYA MICROFINANCE
Svatantra Microfin acquires Chaitanya India Fin; becomes 2nd largest NBFC-MFISvatantra Microfin has successfully merged with Chaitanya India Fin Credit and Svatantra Holding, solidifying its position as India's secon...- Svatantra Microfin completes amalgamation with Chaitanya India Fin CreditAnanya Birla's Svatantra Microfin has successfully merged with Chaitanya India Fin Credit, following its acquisition from Navi Group. This ...
- Competition Commission clears merger of two entities into Svatantra MicrofinThe Competition Commission of India approved the merger of Chaitanya India Fin Credit and Svatantra Holdings with Svatantra Microfin. This ...
- KM Birla's daughter Ananya takes a break from her music gig to devote energy to businessAnanya Birla, founder of Svatantra Microfin, pauses her music career to prioritize business endeavors. Daughter of Aditya Birla Group's cha...
- Advent International & Multiples to invest Rs 1,930 cr in Ananya Birla’s Svatantra MicrofinSvatantra Microfin, led by Ananya Birla, raised Rs 1,930 crore from Advent International and Multiples Private Equity. It has a business se...
- PE cos Advent, Multiples to invest Rs 1,930 crore in Ananya Birla’s Svatantra MicrofinAdvent International and Multiples to invest INR 1,930 Crores or $230M in Ananya Birla’s Svatantra Microfin, marking the largest private eq...
- 'The real work starts now.' Ananya Birla announces Chaitanya India acquisition, remembers decade-long journey; Harsh Goenka says 'proud of my little girl'The acquisition, valued at Rs 1,479 crore, positions Svatantra as the second-largest Non-Banking Financial Company-Microfinance Institution...
- Svatantra Microfin completes acquisition of Chaitanya India Fin CreditSvatantra Microfin has completed the acquisition of Navi Group's subsidiary, Chaitanya India Fin Credit, making it the second largest NBFC-...
- Ananya Birla-founded Svatantra Microfin to acquire Sachin Bansal’s Chaitanya India Fin for Rs 1,479 crSvatantra Microfin Private Limited will be acquiring Sachin Bansal's Navi Group's subsidiary Chaitanya India Fin Credit Private Limited for...
- Sachin Bansal-led Navi lays off 150-200 employees amid delayed IPOAt least 150 employees are likely to be impacted by the exercise, with the overall count of people leaving the company expected to cross 20...
- Sachin Bansal's Navi Technologies files draft papers for Rs 3,350-cr IPOThe proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red...
- Sachin Bansal’s Navi to file for Rs 4,000-crore IPO this weekSachin Bansal, who has invested Rs 4,000 crore of his own capital in Navi, is expected to retain majority control in the firm even after th...
- UK's CDC Group invests Rs 320 crore in pooled bond issuance of 6 Indian MFIsThe investment -- the first ever by CDC in a pooled bond structure -- is aimed at providing systemic liquidity to these lenders.
- Sachin Bansal's Navi group credit finance company gets stable rating for Rs 500 crore debtThis rating has come at a time when the industry is reeling under lockdown, mandated to curb the deadly coronavirus.
- IFC eyes 4.5% in Navi Tech for $30 mnNavi Technologies is in the process of acquiring 100% stake in microfinance company Chaitanya Rural Intermediation Development Services Pri...
- Sachin Bansal ventures into financial servicesFlipkart co-founder acquires 94% stake in Bengaluru-headquartered Chaitanya Rural for Rs 739 crore.
- Sachin Bansal invests Rs 25 cr in Chaitanya India FinanceAs per filings, Bansal has been allotted 250 shares of the company, each with a face value of Rs 10 lakh, as unrated non-convertible debent...
- Sachin Bansal in talks to put microfinance firm in cart, may become chief executiveSachin Bansal is expected to buy up to 75% stake in Chaitanya Rural Intermediation Development Services.
- Chaitanya Microfinance raises Rs 33 crore through NCD issueThe Bengaluru-based microfinance institution currently operates across Karnataka, Maharashtra and Bihar.
- Post demonetisation, MFIs look to digitiseMFIs and small finance banks (SFBs) like Equitas are joining the bandwagon of instant loan approval. They send field officers with tablets.
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