Satin Growth Alternatives Launches Category II AIF Focused on Women-Led, Sustainable Impact

Satin Growth Alternatives Launches Category II AIF Focused on Women-Led, Sustainable Impact​

Satin Growth Alternatives Limited (SGAL), a wholly-owned subsidiary of Satin Creditcare Network Limited (SCNL), has launched SGAL-Scheme 1, a Category II Alternative Investment Fund (AIF). The fund, which secured its necessary regulatory approval on April 13, 2026, aims to drive growth across sectors emphasizing Inclusion, Sustainability, and grassroots Impact.

The inaugural fund is structured as a debut INR 200 Cr Category II AIF. SGAL-Scheme 1 is focused on backing businesses that support inclusion, sustainability, and impact goals, typically targeting an average ticket size of INR 4 to 5 Cr, with potential investments up to INR 10 Cr.

Leveraging SCNL's operational reach spanning over 550 districts, SGAL-Scheme 1 offers superior portfolio sourcing by vetting high-potential businesses at the grassroots level. The fund utilizes innovative quasi-equity/debt instruments, which are designed to balance downside protection with potential equity upside.

Strategic Focus and Leadership​

The fund's deployment will be guided by Ms. Shivika Sethi, a professional with extensive experience in Venture Capital and consulting, who has been partnered with SGAL since October 2025. Ms. Sethi brings experience from managing two $100 Mn funds and leading multiple investments.

Commenting on the launch, Ms. Aditi Singh, Director of SGAL and Chief Strategy Officer of SCNL, noted that the fund represents a highly differentiated approach within the Category II AIF space. She emphasized that the core strategy is designed to empower women-led and women-focused businesses, thereby enhancing financial inclusion and unlocking opportunities at the last mile. By bridging the gap between traditional debt and equity, the fund aims to provide flexible, growth-oriented capital to enterprises that are often underserved, promoting sustainable value creation alongside strong returns.

Dr. HP Singh, Chairman cum Managing Director of Satin Creditcare Network Limited, stated that the initiative reflects the company’s commitment to fostering inclusive and sustainable growth. He expressed enthusiasm for supporting disruptive and high-potential businesses, noting that the platform aims to deliver both strong financial returns and meaningful impact.

About Satin Creditcare Network Limited​

Satin Creditcare Network Limited (SCNL) is a leading microfinance institution with a presence across 26 states and 5 union territories, operating in over 1,00,000 villages. The company aims to be a primary micro financial institution by offering a comprehensive range of products and services to the financially under-served community, focusing on gender empowerment through technology and innovation.

SCNL has diversified its offerings beyond microfinance, providing financial products in the Non-MFI segment, including loans for sustainable and emerging businesses and affordable housing loans.

The group structure of Satin Creditcare Network Limited includes several key subsidiaries:


As of December 31, 2025, the Satin group reported having 1,987 branches and a total headcount of 18,240, serving 32.7 lakh clients.

SATIN Stock Price Movement​

On Monday, Satin Creditcare Network Limited shares edged higher, gaining 0.36% to close at ₹161.55. The stock saw trading volume of 266,014 shares during the session, finishing significantly above the day's low of ₹152.38.

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