NSEPress Release5d ago · 14 Sept 2026, 09:08 am
Press Release
Satin Creditcare Network Limited · SATIN
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Satin Creditcare Network Limited's subsidiary, Satin Growth Alternatives Limited, has made its first investment in Indic Wisdom, a manufacturer and distributor of traditionally crafted, wholesome food products. The investment, worth Rs. 5 crore, will be used to scale up Indic Wisdom's manufacturing capacity and support the company's ambition of expanding offline distribution and revenue over the next two years.
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Full Announcement
Satin Creditcare Network Limited has informed the Exchange regarding a press release dated September 14, 2026, titled "Announcement under Regulation 30 of SEBI (LODR) Regulations , 2015 - Press Release".
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September 14, 2026
The Manager, The Manager,
National Stock Exchange of India Ltd., BSE Limited,
Exchange Plaza, C-1, Block G, 25th Floor, P. J. Towers,
Bandra Kurla Complex, Dalal Street,
Bandra East, Mumbai-400051 Mumbai-400001
Symbol: SATIN Scrip Code: 539404
Sub: Press Release
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended and in terms of other applicable laws, if any, please find
enclosed herewith press release dated September 14, 2026.
This is for your information and record.
Thanking you.
Yours faithfully,
For Satin Creditcare Network Limited
(Vikas Gupta)
Company Secretary & Chief Compliance Officer
Encl: A/a
Satin Growth Alternatives Limited makes its first investment in Indic Wisdom:
Reimagining Native Oilseeds for Modern Indian Consumers
In the picture: Ms Shivika Sethi (Fund Manager and Partner at SGAL) and Ms Aditi Singh (Director at SGAL and Chief Strategy
Officer at SCNL)
Satin Growth Alternatives Limited (“SGAL”), the youngest subsidiary of Satin Creditcare Network Limited
(“SCNL”), has made its first investment from its Category II Alternative Investment Fund which recently declared its
first close, deploying capital into woman founder led Indic Wisdom, a manufacturer and distributor of traditionally
crafted, wholesome food products including wood-pressed oils and value-added products derived from native Indian
oilseeds. The investment, structured as a combination of Non-Convertible Debentures (NCDs) and Compulsorily
Convertible Preference Shares (CCPS), was made on September 9, 2026, and marks the first deployment under
SGAL’s stated strategy of providing quasi-debt and equity-linked capital to growth-stage businesses.
Indic Wisdom has built a strong presence on leading quick-commerce and e-commerce platforms, ensuring its
products are accessible across all major metropolitan cities in India. The company’s approach centres on oilseeds and
the upcycling of their by-products, converting them into highly digestible proteins and fibres, an approach that gives
Indic Wisdom a distinctive efficiency and competitive advantage. With its expanding omnichannel presence and
product portfolio, the company is delivering more than 2x revenue growth annually.
SGAL’s investment of Rs. 5 crore will be used to scale up Indic Wisdom’s manufacturing capacity, supporting the
company’s stated ambition of expanding offline distribution and overall revenue over the next two years. The
investment was led and structured by SGAL working closely with Prajakta Khare and Kaustubh Khare, Founders
of Indic Wisdom.
Aditi Singh, Director at SGAL, and Chief Strategy Officer at SCNL, said:
“Our first investment reflects exactly the kind of business SGAL was built to back: women-led, sustainable, category-
defining, and ready to scale with the right capital structure behind it. Indic Wisdom’s work on oilseed upcycling and
its early strength across both online and offline channels made this an easy conviction call. We are pleased to support
Prajakta and Kaustubh as they scale manufacturing to meet their next stage of growth.”
Shivika Sethi, Fund Manager and Partner at SGAL, said:
“This deployment puts our quasi-debt and equity-linked strategy into practice for the first time, and Indic Wisdom is
a strong proof point. The NCD and CCPS structure gives us downside protection while allowing us to participate in
the company’s equity upside as it scales manufacturing and deepens its offline footprint. We have already outlined a
plan to leverage SCNL’s branch network to drive Indic Wisdom’s pan-India distribution expansion and accelerate
topline growth”
Prajakta Khare, founder of Indic Wisdom, said:
“Investment from SGAL is truly special. It will accelerate our journey towards achieving ₹200 crore ARR in the next
12 months by expanding our distribution footprint and strengthening our supply chain. More importantly, it enables
us to connect with millions of rural households through Satin’s extensive and trusted network. We value this
partnership deeply because we share a common belief in Impact, Inclusion, and the India growth story”
https://in.linkedin.com/in/adity-singh
https://in.linkedin.com/in/shivika-sethi-6711879b
https://in.linkedin.com/in/prajakta-khare-indicwisdom