On the account of Company’s Fourth Foundation Day Celebration; SATYA MicroCapital Limited, one of the fastest-growing NBFC – MFIs in the country, announced that it has started the process of loan disbursements under the PM SVANidhiScheme. The event was graced by the virtual presence of SATYA’s employees. Amid the nostalgic celebrations, the company also launched a series of customer as well as employee-oriented pilot initiatives intended for their all-round development and upliftment of life state.
RBI registered NBFC-MFI, SATYA MicroCapital Limited has successfully raised INR 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation which is a Japanese multinational banking financial services institution owned by Sumitomo Mitsui Financial Group, Inc.
The French Development Agency’s private sector financing arm, Proparco, today signed an agreement of 20 million USD to support SATYA MicroCapital’s commitment to empowering women entrepreneurs in rural India through greater access to financing. The signing ceremony took place at the Emb... (more)
SATYA MicroCapital, one of the fastest growing RBI registered NBFC-MFI has achieved the milestone of Rs. 5001 crores Assets Under Management on the commencement of FY23-24. This is not the only feather SATYA has added to its golden cap at this momentous occasion. SATYA has also received fresh capit... (more)
After organizing two successful editions, SATYA MicroCapital Ltd. recently organized third edition of Vijayalakshmi Das Entrepreneurship Awards on 26th - 27th February 2023 in New Delhi which felicitated women microentrepreneurs nestled across rural boundaries in nation. The awards primarily f... (more)
SATYA MicroCapital Limited recently launched the third edition of Vijayalakshmi Das Entrepreneurship Awards 2023 - an Awards & Recognition platform to felicitate Women Entrepreneurs at the grassroots level to honor the ‘Mother of Indian Microfinance’ - Late Mrs. Vijaylakshmi Da... (more)
Dia Vikas Capital Pvt. Ltd., the India based subsidiary of Opportunity International Australia Limited has exited from the RBI registered NBFC-MFI SATYA MicroCapital Ltd. Dia was the initial institutional investor in SATYA. The partnership lasted for 5 years, during which SATYA received equity infu... (more)
SATYA MicroCapital, one of India’s fastest growing RBI registered NBFC-MFI has crossed the milestone of reaching 10 lakh active clients by offering collateral free micro credit services through cashless transactions to women entrepreneurs nestling in rural parts of the countries. Illustrating... (more)
Giving centre stage to its phenomenal growth, one of the fastest growing MFIs in India, SATYA MicroCapital has crossed several milestones since its inception on 28th October 2016. With a total loan disbursement of Rs. 5900+ crores to its name, SATYA has achieved another feat by attaining Rs. 3000 c... (more)
SATYA MicroCapital announced that it is foraying into affordable housing finance market through its soon to be launched subsidiary. Post successful acquisition and renaming of Baid Housing Finance, NBFC-MFI intends to lay the foundation of its new arm which will integrally function in the Indian Ho... (more)
Micro-finance firm SATYA MicroCapital Limited has recently raised fresh funding of worth USD 15mn led by its existing Japan based investor-Gojo & Company Inc. The total amount of fiscal backing is constituted by USD 8mn being allocated to Debt and USD 7mn being allocated to Equity. SATYA plans ... (more)
