Partnership Details

Niyogin Fintech Limited announced its intent to enter into a potential strategic partnership with Sammaan Capital Limited (BSE: 535789, NSE: SAMMAANCAP). The arrangement involves:

  • Credit Facilities: Sammaan will explore extending credit facilities to Niyogin
  • Portfolio Buyouts: Sammaan will undertake periodic portfolio buyouts from the Company
  • Total Value: Up to ₹500 crores
  • Deployment Period: Over the course of the next 36 months
  • Implementation: Through a combination of financing and periodic portfolio buyouts

Key Terms and Conditions

The understanding is:

  • Non-binding in nature
  • Subject to mutual agreement between parties
  • May be revised from time to time
  • Subject to regulatory approvals
  • Subject to execution of definitive agreements

Strategic Rationale

For Niyogin:

  • Expand lending capacity through institutional capital
  • Diversify liability profile
  • Improve blended cost of funds
  • Scale credit delivery through embedded distribution network across rural and urban India
  • Leverage proprietary technology stack for MSME lending

For Sammaan:

  • Deepen financing capacity and portfolio-buyout capacity
  • Broaden product portfolio
  • Test new credit products and customer segments in capital-efficient way
  • Access Niyogin's digital, technology-led origination network
  • Reach new, underserved MSME segments
  • Support digital and AI-led transformation

Technology Infrastructure

The partnership is anchored in Niyogin's proprietary technology stack that:

  • Originates, underwrites, disburses and services credit end-to-end
  • Operates within a single closed loop system
  • Delivers credit at the point where MSMEs are already transacting
  • Works through network of Business Correspondents, banks, neobanks and Financial Professionals
  • Built alongside India's leading banks, NBFCs and digital platforms

Management Commentary

Amit Rajpal, Chairman and Co-founder, Niyogin Fintech Limited:

"We have spent the last several years building rails rather than making claims — a technology stack that can originate, underwrite and service credit at the last mile, embedded at the point where small businesses already transact. This potential partnership with Sammaan Capital gives us up to Rs. 500 crores of capital that we will build and rotate over the next 36 months, to put those rails to work at scale."

Gagan Banga, Managing Director and Chief Executive Officer, Sammaan Capital Limited:

"Sourcing tie-ups and portfolio buyouts are a key element of how we intend to grow our retail asset book. This is a critical partnership for us, built on genuine synergy between our balance sheet strength and Niyogin's digital, technology-led lending architecture. We look forward to scaling this relationship as the portfolio performs."

Company Background

Niyogin Fintech Limited: B2B company operating on technology-centric, platform-based model delivering 'Banking as a Service' platforms and credit through partnership-led strategy. Serves India's underserved MSMEs in both rural and urban India.

Sammaan Capital Limited: One of India's largest NBFCs, group company of Abu Dhabi-based International Holding Company (IHC). Offers home loans, MSME financing and retail credit products through 200+ branches and 8,000+ channel partners across India.

Financial Impact

Potential credit arrangement of up to ₹500 crores to be deployed over 36 months. Exact financial impact subject to definitive agreements and actual utilization.