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MICROCAPITAL BRIEF: Svatantra of India Paying Navi Group $179m for Microfinance Subsidiary Chaitanya

MICROCAPITAL BRIEF: Svatantra of India Paying Navi Group $179m for Microfinance Subsidiary Chaitanya
microcapital.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from microcapital.org Daily Mail and Mail on Sunday newspapers.

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Ananya Birla signs Rs 1,479 crore deal to buy Flipkart co-founder Sachin Bansal s firm

The Rs 1,479 crore deal with Sachin Bansal is Ananya Birla led firm’s second and largest acquisition after it bought Micro Housing Finance for Rs 300 crore.

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AB Group s Svatantra Microfin to acquire Sachin Bansal s Chaitanya India for ₹1,479 crore

AB Group s Svatantra Microfin to acquire Sachin Bansal s Chaitanya India for ₹1,479 crore
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Svatantra Chaitanya: Ananya Birla-founded Svatantra Microfin to acquire Sachin Bansal s Chaitanya India Fin for Rs 1,479 cr

Svatantra Microfin Private Limited will be acquiring Sachin Bansal s Navi Group s subsidiary Chaitanya India Fin Credit Private Limited for Rs 1,479 crore. The deal is expected to be completed by the end of 2023, it said in a statement on Tuesday.

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Ananya Birla s Svatantra Microfin to acquire Sachin Bansal-owned Chaitanya India for Rs 1,479 crore

The deal is likely to be completed by the end of 2023

Sachin bansalAnanya birlaSvatantra microfin privateNavi groupSvatantra microfin private limitedChaitanya india fin credit

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