Centrum Capital to Sell Entire Stake in Subsidiary Centrum Housing Finance to Weaver Services

Centrum Capital Ltd has signed an agreement to sell its full stake in Centrum Housing Finance Ltd (CHFL) to Weaver Services, a new age Housing finance company. The agreement, which is subject to necessary approvals, will see Weaver Services, backed by marquee investors like Premji Invest, Lightspeed Ventures and Gaja Capital, drive and significantly scale CHFL’s operations. CHFL, which offers home loans, self-construction loans, home improvement loans and loans against property, had an AUM of Rs ~1,640 crore and serviced over 18,000 customers as on 30th June 2025.