Acquiring Company
Svatantra Microfin
Acquired Company
Chaitanya India Fin Credit Private Limited
MumbaiIndiaFinancial ServicesFinanceFintechLendingBankingFinancial ServicesFinanceLendingBankingDescription
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.
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Based on deal dataFrequently 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.