British International Investment provides financing of INR 1.2 billion to Sitara

  • Deal
  • January 29, 2024

JSA advised British International Investmentplc., the United Kingdom’s development finance institution and impact investor, in relation to a financing by way non-convertible debentures up to INR 1.2 billion issued by Sewa Grih Rin Limited (Sitara), an affordable housing finance company.

The primary goal of this debt financing is to enable Sitara to provide home loans to women from the informal sector in order to promote financial inclusion and women’s economic empowerment.

Our Transaction Team Comprised Partners – Aashit Shah, Tirthankar Datta, Principal Associate – Nakul Sonejee and Associate – Adrika Bisen.