Creador picks up 5% stake in Ujjivan Financial Services for Rs 215 cr

Incorporated in 2004, Ujjivan today serves 3.7 million customers through its network of 445 branches across 24 states and Union Territories

Private equity (PE) firm Creador has invested Rs 215 crore ($33 million) in Ujjivan Financial Services Ltd. 

Ardisia Limited, an affiliate of Creador III LP, has invested the amount for a five per cent stake in publicly listed Ujjivan Financial Services.

This is the 28th investment for Creador (10th in India), a private equity firm focused on long-term investments in growth-oriented businesses in South East Asia and India.

Ujjivan is the holding company of Ujjivan Small Finance Bank, which is focused on providing loans and savings products to the unserved and underserved population.

Incorporated in 2004, Ujjivan today serves 3.7 million customers through its