Satin Growth Alternatives Invests ₹5 Cr in Indic Wisdom

Satin Growth Alternatives Limited (SGAL), a subsidiary of Satin Creditcare Network Limited (SCNL), has made its inaugural investment of ₹5 crore into Indic Wisdom, a woman-founder led company specializing in traditionally crafted food products from native Indian oilseeds. The investment, structured as Non-Convertible Debentures (NCDs) and Compulsorily Convertible Preference Shares (CCPS), aims to scale Indic Wisdom's manufacturing capacity and expand its offline distribution. Indic Wisdom, known for its presence on quick-commerce and e-commerce platforms, has demonstrated over 2x annual revenue growth. This marks SGAL's first deployment from its Category II Alternative Investment Fund, focusing on providing quasi-debt and equity-linked capital to growth-stage businesses. The partnership is expected to accelerate Indic Wisdom's journey towards achieving ₹200 crore ARR.