IHC to invest $1bn in Sammaan Capital.

IHC, a global investment company, agreed to invest $1bn in Sammaan Capital, a non-banking financial company. “India represents a core strategic market for us, and its long-term growth fundamentals are compelling. We have been impressed by Sammaan Capital’s leadership in enabling home ownership and empowering small businesses across the country. This $1bn investment reaffirms our commitment to supporting Sammaan Capital in its next phase of development, including the adoption of AI to enhance lending and credit solutions, and to contributing meaningfully to India’s financial ecosystem," Syed Basar Shueb, IHC CEO.