India remains one of the world’s fastest-growing major economies, with the NBFC sector playing a pivotal role in bridging gaps between traditional banking and rising credit demand.
IHC, a global investment firm focused on developing dynamic value networks, has agreed to invest USD 1 billion (INR 8,850 crore) in Sammaan Capital Limited, underscoring its conviction in the long-term potential of India’s financial sector and its commitment to expanding access to capital, accelerating innovative credit solutions, and supporting inclusive growth.
Sammaan Capital Limited, publicly listed on the Bombay Stock Exchange and the National Stock Exchange of India, is among the country’s largest non-banking financial companies (NBFCs), focusing primarily on mortgage lending. The company operates through 220 branches in over 150 towns and cities.
Syed Basar Shueb, CEO of IHC, commented: “India represents a core strategic market for us, and its long-term growth fundamentals are compelling. We have been impressed by Sammaan Capital’s leadership in enabling home ownership and empowering small businesses across the country. This USD 1 billion investment reaffirms our commitment to supporting Sammaan Capital in its next phase of development, including the adoption of AI to enhance lending and credit solutions, and to contributing meaningfully to India’s financial ecosystem.”
This USD 1 billion investment strengthens IHC’s global portfolio and reinforces its presence in one of the world’s most dynamic financial markets.
Gagan Banga, CEO and Managing Director of Sammaan Capital Limited, said: “Sammaan Capital’s journey has been anchored in resilience, adaptability, and stakeholder value creation. Joining the IHC Group opens new horizons for us. The alignment in our aspirations is deeply encouraging, and we believe our experienced and dynamic team will drive the next phase of growth with renewed energy and purpose”.
