Satin Creditcare Network
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 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 round. Its most recent round was a Post-IPO Debt of $9.8M in Mar 2022. Full funding history, investors, and team are detailed below.
Funding history
1 round on record.
Unlock the lead investor and full details for this round.
People
Founders, executives, and decision-makers — sourced and refreshed weekly.
See who runs this company — founders and key execs, with titles and LinkedIn profiles, ready to export.
Satin Creditcare Network is featured in
Similar companies
Neo Asset Management specializes in managing investments and assets for clients to increase returns and decrease risks. Their services include portfolio management, investment advisory, and customized asset allocation strategies. The company strives to improve investment performance and risk management by using technology and data-driven insights. They work with a range of asset classes like stocks, bonds, real estate, and alternative investments for individual and institutional investors. Neo Asset Management prioritizes sustainability and responsible investing by incorporating ESG factors into their investment decisions.
Jupiter is a digital retail bank that specializes in legal, accounting, book-keeping, auditing activities, tax consultancy, market research and public opinion polling, and business and management consultancy. Jupiter is India’s first & only co-created banking experience dedicated to Millenials.
Dezerv leverages its expertise and cutting-edge technology to give professionals access to the best quality investing. Dezerv offers an integrated portfolio approach to investment, providing higher returns with lower risk. Dezerv aims to give successful professionals access to investing expertise. The invite-only wealthtech platform creates high-performing long-term portfolios and also provides exclusive investment opportunities for its members.
PeLocal aims at making the lives of merchants easy by providing them a platform to manage customers, request for payments, reminders to customers for payments. Hassle-free digital payment solutions with the best payment experience from anywhere. Automate payment collection with PeLocal and manage your revenue on the go.
TransBnk is a platform for transaction banking that allows Corporate, Commercial, and Institutional clients to securely and efficiently carry out transactions through the use of Embedded Finance and SaaS. They aim to offer expert knowledge in order to streamline domestic cash management and payment transactions, and they work closely with banks to provide services such as escrows, trade finance, supply chain financing, and custodial services.
Trackk is a contemporary platform for stock market trading that has a primary focus on the Indian markets.
AlgoQuant Fintech is a technology-driven proprietary trading and NBFC firm that specializes in fully hedged derivatives arbitrage. It develops algorithmic strategies and operates in fast-paced financial markets, focusing on risk-controlled trading using advanced systems. The company offers financial instrument trading, arbitrage execution, and derivatives-based investment services.
By studying the evolving financial requirements of the unregulated prime market, InPrime Finserv provides superior products and services.
Our technology allows businesses to access payroll data directly from the payroll systems to streamline income and employment verification, improve underwriting models, and help employees and independents avail custom benefits from their employers.
IndiaBonds is a company in the finance industry that offers an online platform for investing in bonds. The platform is user-friendly and secure, aimed at helping individual investors make informed decisions. With a wide selection of over 25,000 bonds available, users can choose from various options. Additional features like pre-booking and credit rating information are also provided to assist with investment choices.
A new-age online fund-raising platform to transform lending experience for Fund Seekers (Businesses/ individuals), Fund Providers (Banks/ NBFCs/ HNIs) and Service Providers (CAs/ CFA/ CFP/ Investment Bankers) through leveraging cutting-edge technology and analytics. They offer online credit marketplace for various financial aspirations of individuals as well as businesses in a simple, quick and hassle-free way through our corporate and retail loan products.
Techfino Capital is a FinTech company that offers unsecured personal loans for specific customer needs and has partnerships with education and healthcare service providers.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.