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Svatantra Microfin merges with Chaitanya India Fin Credit

PRIVATEMar 23, 2026

Acquiring Company

Svatantra Microfin

Acquired Company

Chaitanya India Fin Credit Private Limited

MumbaiIndiaFinancial ServicesFinanceFintechLendingBankingFinancial ServicesFinanceLendingBanking

Description

Svatantra Microfin has successfully completed its merger with Chaitanya India Fin Credit, becoming India's second-largest NBFC-MFI. The merger received necessary approvals and enhances Svatantra's service capacity across various financial products. The unified entity will focus on expanding affordable housing and micro-enterprise loans across rural areas.

Quick answer

Svatantra Microfin is acquiring Chaitanya India Fin Credit Private Limited, announced March 23, 2026. Svatantra Microfin is based in Mumbai, Maharashtra, India.

How much did Svatantra Microfin pay for Chaitanya India Fin Credit Private Limited?
The deal value was not disclosed.
What does Svatantra Microfin do?
Svatantra Microfin is a non-banking finance company focused on providing microfinance services.
Where are Svatantra Microfin and Chaitanya India Fin Credit Private Limited based?
Svatantra Microfin is based in Mumbai, Maharashtra, India. Chaitanya India Fin Credit Private Limited is based in India.
Who are the decision-makers at Svatantra Microfin?
Fundz holds 2 contacts at Svatantra Microfin. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Svatantra Microfin

Location

Mumbai, Maharashtra, India

About

Svatantra Microfin is a non-banking finance company focused on providing microfinance services. The company aims to empower underserved segments of society by offering financial products designed for small borrowers. It has shown significant growth and expansion in the Indian microfinance sector, particularly following its recent merger. Svatantra Microfin seeks to enhance its capital base through an Initial Public Offering.

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Frequently asked

Who acquired Chaitanya India Fin Credit Private Limited?

Chaitanya India Fin Credit Private Limited was acquired by Svatantra Microfin, based in Mumbai. The deal was reported on March 23, 2026. Svatantra Microfin is a non-banking finance company focused on providing microfinance services. The company aims to empower underserved segments of society by offering financial products designed for small borrowers. Svatantra Microfin is privately held and operates in Financial Services.

When did Svatantra Microfin acquire Chaitanya India Fin Credit Private Limited?

Svatantra Microfin's acquisition of Chaitanya India Fin Credit Private Limited was reported on March 23, 2026. Svatantra Microfin has successfully completed its merger with Chaitanya India Fin Credit, becoming India's second-largest NBFC-MFI. The merger received necessary approvals and enhances Svatantra's service capacity across various financial products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chaitanya India Fin Credit Private Limited do?

Chaitanya India Fin Credit is a non-banking financial institution specializing in microfinance. It focuses on providing financial services to underserved markets and small business owners. It is privately held, operating in Financial Services, and is based in India.

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