Business EconomyPosted at: Aug 9 2022 2:47PM

SAVE Solutions acquires SaGgraha

Mumbai, Aug 9 (UNI) In a strategic move aimed at strengthening deeper financial inclusion across India, SAVE Solutions Pvt Ltd, India’s leading rural financial services group, has acquired South India-based SaGgraha Management Services
Through this acquisition, SAVE, with its corporate office in Delhi, makes a ready and deep penetration into the diverse south Indian rural markets.
The company, last year, had also acquired a housing finance company, New Habitat Housing Finance and Development Ltd, to offer its customers all-round financial products.
Ajeet Kumar Singh, Founder Director, MD & CEO of SAVE Solutions, said: ''The acquisition of SaGgraha is transformative in advancing SAVE's strategic growth priorities in the south Indian financial market. SaGgraha is a renowned regional player, and this association will bring immediate synergies in the areas of governance, technology, operations, and diversification of portfolio.
"We sincerely thank all our stakeholders for their continued support, especially Incofin’s team for their leadership and Maj Invest’s team for their guidance on the transaction.''
UNI JS MR

Please log in to get detailed story.

Tags: #SAVE Solutions acquires SaGgraha

SAVE Solutions acquires SaGgraha

Arun Alagappan appointed as Executive Chairman of Coromandel International

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

Kottayam-Kochi Rubber Market Rates

Indusind Bank net up 15 pc in Q4

THIRUVANATHAPURAM, APR 25 (UNI):- Students performing a dance, 'I Vote for Sure' as part of voter awareness programme of election, organised by Election Commission, in Thiruvananthapuram on Thursday. UNI PHOTO-126U

THIRUVANATHAPURAM, APR 25 (UNI):- Students performing a dance, 'I Vote for Sure' as part of voter awareness programme of election, organised by Election Commission, in Thiruvananthapuram on Thursday. UNI PHOTO-125U

VONTIMITTA (ANDHRA PRADESH), APR 25 (UNI):- On Thursday, the last day of Sri Kodandaramaswamy's annual Brahmotsavam, Chakrasnanam was held at Pushkarini near the temple. A significant number of devotees participated and performed holy baths on the occasion. UNI PHOTO-124U

PURI, APR 25 (UNI):- On the occasion of second phase of voting sand artist Sudarsan Pattnaik created a sand sculpture with the message 'My Vote My Duty', at Puri beach in Odisha on Thursday. UNI PHOTO-123U

KHAMMAM (TELANGANA), APR 25 (UNI):- Congress Khammam candidate Ramasahayam Raghuram Reddy, filing nomination paper for Lok Sabha elections in presence of Telangana Minister Tummala Nageswara Rao, Ponguleti Sudhakar and MP Renuka Chaudhary, in Khammam on Thursday. UNI PHOTO-122U

KHAMMAM (TELANGANA), APR 25 (UNI):- Congress Khammam candidate Ramasahayam Raghuram Reddy, during a roadshow along with Telangana Minister Ponguleti Sudhakar and MP Renuka Chaudhary, before filing nomination papers for Lok Sabha elections, in Khammam on Thursday. UNI PHOTO-121U

MALAPPURAM, APR 25 (UNI):- Polling officials engaging to arrange the 'Women's friendly polling station' (Model Polling Booth) for the second phase Lok Sabha polls, at St.Jemmas School, on Thursday. UNI PHOTO-120U

MALAPPURAM, APR 25 (UNI):- Polling officials engaging to arrange the 'Women's friendly polling station' (Model Polling Booth) for the second phase Lok Sabha polls, at St.Jemmas School, on Thursday. UNI PHOTO-119U

KANNUR, APR 25 (UNI):- District Collector and Election officer Arun K Vijayan watching the trial run of the 'Web casting control room' arranged at the Collectorate auditorium, ahead of the second phase Lok Sabha polls, on Thursday. UNI PHOTO-117U

KOLKATA, APR 25 (UNI):- BJP Barrackpore Lok Sabha candidate Arjun Singh during election campaign, in Kolkata on Thursday. UNI PHOTO-116U

BENGALURU, APR 25 (UNI):- Polling officials are preparing for tomorrow's polling for the 2nd Phase General Elections-2024 at St. Thomas Public School, Church Road, Thippasandra, Indiranagar, in Bengaluru on Thursday. UNI PHOTO-114U

RANCHI, APR 25 (UNI):- Health workers sanitise the village after an outbreak of H5N1 Influenza Bird Flu at Hotwar, in Ranchi on Thursday. UNI PHOTO-113U

BENGALURU, APR 25 (UNI):- Polling officials preparing for tomorrow's polling for the 2nd Phase General Elections-2024 at St. Thomas Public School, Church Road, Thippasandra, Indiranagar, in Bengaluru on Thursday. UNI PHOTO-112U

GIRIDIH, APR 25 (uni):- Kalpana Soren, the candidate from Jharkhand Mukti Morcha (JMM) party for Gandey Assembly constituency, spouse of Ex-CM of Jharkhand Hemant Soren, has been announced officially for the Gandey MLA by-poll under Giridih district of Jharkhand on Thursday. UNI PHOTO-111U

RANCHI, APR 25 (UNI):- Health workers sanitise the village after an outbreak of H5N1 Influenza Bird Flu at Hotwar, in Ranchi on Thursday. UNI PHOTO-110U

PALAKKAD, APR 25 (UNI):- Polling officials team on the way to their respective polling booths by carrying the EVMS and elections materials to conduct the second phase of Lok Sabha polls scheduled on April 26 from the distribution center at Vyasa Vidhya Peedom in Kongad, on Thursday. UNI PHOTO-109U

WAYANAD, APR 25 (UNI):- Polling officials team on the way to their respective polling booths by carrying the EVMS and elections materials to conduct the second phase Lok Sabha polls scheduled on April 26 from the distribution center at Chungathara Marthoma HSS in Wandoor, on Thursday. UNI PHOTO-108U

WAYANAD, APR 25 (UNI):- Polling officials team on the way to their respective polling booths by carrying the EVM and elections materials to conduct the Lok Sabha polls elections scheduled on April 26 from the distribution center at St. Marys College, Sulthan Bathery, on Thursday. UNI PHOTO-107U