Acquiring Company
Purple Finance
Acquired Company
Saksham Gram Credit Private Limited
IndiaIndiaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Purple Finance Limited has received approval to acquire a 100% equity stake in Saksham Gram Credit Private Limited. This strategic move aims to enhance growth and expand Purple Finance's reach in rural micro-lending. The acquisition follows a profitable turnaround for Purple Finance, which reported a net profit of ₹38.43 L for Q1 FY27. The company also plans to raise ₹20 crore through Non-Convertible Debentures for further expansion.
Quick answer
Purple Finance is acquiring Saksham Gram Credit Private Limited, announced July 22, 2026. Purple Finance is based in India.
- How much did Purple Finance pay for Saksham Gram Credit Private Limited?
- The deal value was not disclosed.
- What does Purple Finance do?
- Purple Finance is a financial services provider that offers a range of investment solutions.
- Where are Purple Finance and Saksham Gram Credit Private Limited based?
- Purple Finance is based in India. Saksham Gram Credit Private Limited is based in India.
- Who are the decision-makers at Purple Finance?
- Fundz holds 2 contacts at Purple Finance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Roselabs Finance to merge with National Standard and Lodha (September 4, 2026)
- Hawthorn Bancshares completes merger with FSC Bancshares (September 4, 2026)
- CCB and Samson to merge in 2027 (September 2, 2026)
- Harrison Barnes acquires Community State Bank (August 30, 2026)
- First Financial to merge with First Illinois Corporation (August 27, 2026)
- Valley National Bancorp acquires Providence Financial (August 25, 2026)
Who to call at Purple Finance, and when
When Purple Finance changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Purple Finance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Purple Finance, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Purple Finance. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Purple Finance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Saksham Gram Credit Private Limited?
Saksham Gram Credit Private Limited was acquired by Purple Finance, based in India. The deal was reported on July 22, 2026. Purple Finance is a financial services provider that offers a range of investment solutions. The company focuses on providing innovative financial products to its clients. Purple Finance is privately held and operates in Financial Services.
When did Purple Finance acquire Saksham Gram Credit Private Limited?
Purple Finance's acquisition of Saksham Gram Credit Private Limited was reported on July 22, 2026. Purple Finance Limited has received approval to acquire a 100% equity stake in Saksham Gram Credit Private Limited. This strategic move aims to enhance growth and expand Purple Finance's reach in rural micro-lending. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Saksham Gram Credit Private Limited do?
Saksham Gram Credit Private Limited is a micro-finance institution specializing in rural lending. It aims to provide financial services to underserved communities, facilitating access to credit for various purposes. It is privately held, operating in Financial Services, and is based in India.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.