
Joint Venture18 Sept 2025, 04:33 pm
Dhruva Capital Services Announces Strategic Merger with Microfinance Lender Vector Finance
AI Summary
Dhruva Capital Services, an NBFC engaged in the business of investment and financing, has announced a strategic merger with Vector Finance Private Limited, marking its foray into the microfinance business. Vector Finance has an AUM of Rs 390.23 crore and revenues of Rs 27.16 crore as on March 31, 2025, with a presence across six states and 79 districts. The merger is expected to create a more diversified and resilient organization, reduce the overall cost of borrowing, provide access to additional capital, and improve both topline and reduce interest rates for customers. The vision is to drive inclusive growth by penetrating into underpenetrated markets and empowering underserved communities.
Key Highlights
- Dhruva Capital Services announces strategic merger with Vector Finance
- Vector Finance has an AUM of Rs 390.23 crore and revenues of Rs 27.16 crore as on March 31, 2025
- The merger is expected to create a more diversified and resilient organization
- The merger will help reduce the overall cost of borrowing and provide access to additional capital
- The vision is to drive inclusive growth by penetrating into underpenetrated markets and empowering underserved communities