Satin Creditcare Network: Funding, Investors & Team (Oct 2026)
Satin Creditcare Network provides financial assistance to households, excluded from the ambit of mainstream financial service providers. The company offers financial products in the Non-MFI segment, a housing finance subsidiary, and business correspondent services, and similar services to other financial Institutions through Taraashna Services Limited, a business correspondent company and a subsidiary of Satin Creditcare Network. The company also incorporated a housing finance subsidiary which is Satin Housing Finance Limited or SHFL for providing loans to the affordable housing segment. This extension is to provide financial products that cater to the undeserved segments of the market. The company's operations is based on the Joint Liability Group model, which enables people to deliver collateral-free, microcredit facilities to economically active women in rural and semi-urban areas, who have limited access to mainstream financial service providers. It also offers loans to individual businesses and MSMEs, product financing for the purchase of solar lamps, as well as loans for the development of water connections, and sanitation facilities. Satin Creditcare Network focuses on rural and semi-urban areas, securing that its services reach those regions that usually face low or at best, moderate rates of penetration by other microfinance institutions. Satin Creditcare Network was founded in 1990 and is headquartered in Gurugram, Haryana, India.
Satin Creditcare Network has raised $9.8M across 1 funding round on record, the most recent a Post-IPO Debt of $9.8M announced in Mar 2022.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Satin Creditcare Network Company Profile and Key Stats
Latest funding round on record: Mar 2022.
Satin Creditcare Network Funding Rounds
Satin Creditcare Network Founders and Leadership Team
No contact details are on record for this team yet.
Satin Creditcare Network Funding Compared to Other Financial Services Startups
Satin Creditcare Network's latest round of $9.8M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Satin Creditcare Network Funding FAQs
What does Satin Creditcare Network do?
Satin Creditcare Network provides financial assistance to households, excluded from the ambit of mainstream financial service providers. The company offers financial products in the Non-MFI segment, a housing finance subsidiary, and business correspondent services, and similar services to other financial Institutions through Taraashna Services Limited, a business correspondent company and a subsidiary of Satin Creditcare Network. The company also incorporated a housing finance subsidiary which is Satin Housing Finance Limited or SHFL for providing loans to the affordable housing segment. This extension is to provide financial products that cater to the undeserved segments of the market. The company's operations is based on the Joint Liability Group model, which enables people to deliver collateral-free, microcredit facilities to economically active women in rural and semi-urban areas, who have limited access to mainstream financial service providers. It also offers loans to individual businesses and MSMEs, product financing for the purchase of solar lamps, as well as loans for the development of water connections, and sanitation facilities. Satin Creditcare Network focuses on rural and semi-urban areas, securing that its services reach those regions that usually face low or at best, moderate rates of penetration by other microfinance institutions. Satin Creditcare Network was founded in 1990 and is headquartered in Gurugram, Haryana, India.
How much funding has Satin Creditcare Network raised?
Satin Creditcare Network has raised $9.8M across 1 round on record. The most recent is a Post-IPO Debt of $9.8M announced in Mar 2022.
When did Satin Creditcare Network last raise funding?
Satin Creditcare Network's most recent funding round on record is a Post-IPO Debt of $9.8M, announced in Mar 2022.
Who founded Satin Creditcare Network?
FundedIQ lists HP Singh (Founder) at Satin Creditcare Network.
Where is Satin Creditcare Network headquartered?
Satin Creditcare Network is based in Gurgaon, Haryana, India.
How many employees does Satin Creditcare Network have?
Satin Creditcare Network is in the 5001-10000 employee band.
How does Satin Creditcare Network's funding compare to other Financial Services startups?
Satin Creditcare Network's latest round of $9.8M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Satin Creditcare Network Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Satin Creditcare Network is left off this page rather than filled in.
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