Sammaan Capital to Launch New Lending Products in FY28 After IHC Funding

• Sammaan Capital plans to introduce new lending products in FY28, targeting a mass scale.
• Abu Dhabi’s International Holding Company (IHC) invested Rs 5,652 crore for a 41.5% stake, becoming the promoter with a potential 63.3% stake.
• The company, formerly Indiabulls Housing Finance, will diversify into gold loans, personal loans, and MSME lending.
• Sammaan Capital aims to reach Rs 1 lakh crore AUM before scaling new businesses and targets Rs 2.5 lakh crore AUM by FY31-end.
• The company plans to expand its distribution to 500 cities, increase customers to 5 crore, and staff to over 10,000 by FY29.