SG Finserve Limited has partnered with BharatPe Money and Succesship Technologies to launch a digital lending solution aimed at expanding credit access for merchants across India. The collaboration brings together SG Finserve's lending expertise, BharatPe Money's merchant network, and Succesship Technologies' technology platform to offer a seamless, fully digital, and paperless borrowing experience. This initiative is designed to bridge the credit gap for Micro, Small, and Medium Enterprises (MSMEs) by enabling faster approvals and minimal documentation requirements.

Partnership Structure

The three-way collaboration assigns distinct roles to each partner, creating an end-to-end digital lending ecosystem. The following table outlines the responsibilities of each entity involved:

The digital lending solution has been built in accordance with the Reserve Bank of India's Digital Lending Guidelines, prioritizing customer consent, transparency, responsible lending, and regulatory compliance throughout the lending journey. By integrating technology and digital distribution, the partnership seeks to make formal credit more accessible for entrepreneurs, particularly merchants who often face challenges in securing timely financing.

Addressing the MSME Credit Gap

Kartik Bakshi, Chief Business Officer – Merchant Lending at BharatPe Money, highlighted the significant opportunity the partnership addresses. He noted that India has over 6 crore MSMEs, many of which are merchants lacking access to formal credit. Bakshi stated that the collaboration combines BharatPe's merchant reach and customer acquisition capabilities with SG Finserve's lending expertise to deliver a simplified borrowing experience for underserved entrepreneurs.

Anand Rastogi, Founder of Succesship Technologies, emphasized the role of their technology stack in enabling the partnership. He noted that their platform allows financial institutions to deliver digital lending securely and efficiently, simplifying customer onboarding, accelerating loan processing, and enhancing operational efficiency for SG Finserve's new offering.

Leadership Perspective

Vinay Gupta, CEO of SG Finserve, described the launch as a reflection of the company's commitment to responsible innovation and financial inclusion. He stated that empowering MSMEs through innovative supply chain finance and digital financial solutions is central to SG Finserve's operations. Gupta added that the collaboration aims to meet the evolving needs of micro and small merchants by delivering a seamless and accessible borrowing experience.

SG Finserve Limited has incorporated a wholly owned subsidiary, SG Alternative Investment Fund Limited, to expand its presence in the investment management sector. The new entity was incorporated on July 16, 2026, and received its Certificate of Incorporation on July 17, 2026. This strategic move allows the company to act as an investment manager and sponsor for setting up a Category III Alternate Investment Fund.

The subsidiary, SG Alternative Investment Fund Limited, is incorporated in India and will operate within the Investment Management and Financial Advisory Services industry. It will function as management consultants, investment managers, sponsors, settlors, trustees, beneficiaries, or in other professional or fiduciary capacities. The entire paid-up share capital of the subsidiary is held by SG Finserve Limited, ensuring complete control over the new venture.

Financial and Structural Details

The incorporation of SG Alternative Investment Fund Limited was completed with a cash consideration. The subsidiary has been established with an authorized capital of ₹1,00,00,000, divided into 10,00,000 equity shares of ₹10 each. As of the date of incorporation, 100% of the shareholding is held by SG Finserve Limited.

The following table outlines the key details of the newly incorporated entity:

Regulatory Disclosures

The disclosure was submitted to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had initially intimated the exchanges about the proposed incorporation on January 23, 2026. The details of the subsidiary are provided in Annexure A to the letter and are available on the company's website.