Centrum Group sells housing finance arm to Weaver Services
Published on: March 18, 2026, 11:02 p.m. | Source: The Economic Times
Centrum Group has sold its housing finance subsidiary, Centrum Housing Finance. Weaver Services, backed by Premji Invest, acquired a 75% stake. This deal was completed after receiving regulatory approval. Weaver Services also raised Rs 950 crore to fund this acquisition. The capital raise totaled Rs 1,450 crore. Lightspeed Venture Partners co-led the recent funding round.
