Ananya Birla founded Svtantra Microfin to acquire Sachin Bansal’s Chaitanya India Fin for Rs 1,479 crore!

According to the statement, the deal is anticipated to close by the end of 2023.

[{"selector":"#anim-2c2933e3-4f33-4d92-8f86-62d68113356a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-20.565036105429613%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Dotted Diamond Dotted Diamond Lined Circle Lined Circle

Ananya Birla is the daughter of the sixth-richest business tycoon of India- Kumar Mangalam Birla.

[{"selector":"#anim-0be521d5-9f70-4677-932c-e54b2bcbd871 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-14.878731130169085%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Lined Circle Lined Circle

Svatantra has more than 3.6 million active clients served by 1,517 branches spread across 20 states.

[{"selector":"#anim-b54bb3fa-6338-4e6b-bc2a-106a54a0d4a2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-48.36778833419879%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":3500,"fill":"forwards"}] Lined Circle Lined Circle

Navi's microfinance business is sold by Sachin Bansal for $178.5 million.

[{"selector":"#anim-b8386604-3735-4bcb-af21-2ed49535e99b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-11.125654214373759%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Lined Circle Lined Circle

Svatantra would become India's second-largest microfinance company after the acquisition.

[{"selector":"#anim-39f30665-64c8-408f-8f29-98a0f3201547 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.874999829338588%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Lined Circle Lined Circle