Spandana Sphoorty Financial Limited
Valiant Mauritius Partners decreased its stake in Spandana Sphoorty Financial Limited from 7.63% to 6.52% by reducing its shareholding from 5,427,691 to 4,985,205 shares. The sale involved 442,486 shares at ₹241.00 apiece, totaling ₹10.66 crore. Valiant Mauritius Partners previously participated in a preferential allotment in February 2022 and had made a significant sale in August 2023.
A microfinance institution that provides small unsecured loans to low-income customers in semi-urban and rural areas across India. Spandana Sphoorty Financial specializes in serving underbanked populations through accessible credit products designed for financial inclusion. Operating as a non-banking financial company, it enables customers traditionally excluded from conventional banking services to access affordable financing for personal and productive needs.
Mauritius-based investment vehicle of Valiant Capital, a San Francisco hedge fund. Invests in listed Indian equities.