Satin Growth Alternatives Limited, a subsidiary of SCNL, received SEBI registration on April 13, 2026, for its ₹200 crore Category II AIF.
The fund, SGAL-Scheme 1, will invest INR 4-5 Cr per deal in women-led businesses focused on inclusion, sustainability, and grassroots impact.
SCNL's extensive network across 550+ districts will provide superior deal sourcing and vetting for the fund's quasi-equity/debt instruments.
The fund is led by Partner Shivika Sethi and targets its first close, backed by strong soft commitments from investors.