Financial Wire

Satin Creditcare Network Arm Launches INR2 Billion Alternative Investment Funds

-- Satin Growth Alternatives, a wholly-owned subsidiary of Satin Creditcare Network (NSE:SATIN, BOM:539404), has launched its alternative investment fund named SGAL-Scheme 1 after receiving approval from the Securities and Exchange Board of India, according to a Wednesday filing to the Indian stock exchanges.

The 2-billion Indian rupee fund aims to invest in ventures targeting inclusion, sustainability, and impact with an average ticket size of 40 million rupees to 50 million rupees, going up to 100 million rupees.

The company said it has received "strong soft commitments" for the fund and is now working towards its first close.

The fund will be led by venture capital and consulting professional Shivika Sethi, who has been a partner at Satin Growth since October 2025.

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Satin Creditcare Network Arm Launches INR2 Billion Alternative Investment Funds | Financial Wire