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Ananya Birla's microfin company to net Rs 1.9k crore in sector's biggest funding
![IndiaTimes]()
Monday, 4 March 2024
Svatantra Microfin, founded and chaired by Ananya Birla, has reached a definitive agreement with Advent International and Multiples for a Rs 1,930 crore ($230 million) investment. This is the largest private equity investment in India's microfinance sector. Following Svatantra's recent acquisition of Chaitanya India Fin Credit from Sachin Bansal, the combined entity will become one of India's largest non-banking microfinance companies.
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Monday, 4 March 2024
