Satya MicroCapital
Satya MicroCapital is a micro finance company based on a group lending model that allows borrowers to share liability.
Business Model: B2C
Revenue: $36.4M
Employees: 1,001-5,000
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Detailed Satya MicroCapital Information
Geographic Data
Address: 519 5th Floor, DLF Prime Towers
City: New Delhi
State: delhi
Zip: 110020
Country: IN
Financial Info
Stage:
Raised Last:
$7M
Raised Total:$87M
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Metrics
3,602,985Website Global Rank
3,724Website Monthly Traffic
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Description
Satya MicroCapital is an NBFC-MFI that offers collateral-free credit to micro enterprises on the basis of strong credit assessment and a centralized approval system. The company started its microfinance operation in Sikandrabad Branch, Bulandshar District of Uttar Pradesh and the first token disbursement was done in November 2016. SATYA utilized demonetization as an opportunity to rework on the business strategy through cashless transactions. SATYA is an institution built with a vision of change and transformation and will be a differentiator in the financial inclusion space its approach is well recognized by industry experts and professionals across different sectors.
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| Announced Date | Company | Transaction | Money Raised |
|---|---|---|---|
| 12/2021 | Baid Housing Finance | Corporate Round | - |
| 12/2021 | Baid Housing Finance | Corporate Round | - |
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