Satin Growth Alternatives Announces First Close of Women-Led Fund

Satin Growth Alternatives Limited (SGAL), a subsidiary of Satin Creditcare Network Limited (SCNL), has announced the first close of its women-led Category II Alternative Investment Fund (AIF). The fund achieved this milestone within four and a half months of receiving SEBI registration. It focuses on sustainability, inclusion, and impact, targeting India's 'Missing Middle' by providing structured, quasi-debt and equity-linked capital to growth-stage businesses. The fund has secured commitments from a diverse group of HNIs and institutional investors, including Blueboard, Paisalo, Nupur Recyclers Limited, Tomorrow's India, and SCNL. SGAL leverages SCNL's distribution network and aims to generate risk-adjusted returns while supporting women-led ventures and sustainable development.