A Gurugram-based wealth and investment platform, Sawai Capital, has executed structured credit transactions in excess of ₹300 crore during the fourth quarter, with deal activity focused on residential real estate.
The firm said it deployed capital across luxury and urban mid-market housing projects, with individual transaction sizes of ₹100 crore and above, with deals structured with collateral backing and defined cash flow visibility, reflecting a continued focus on asset-backed lending.
During the quarter, Sawai Capital closed two structured credit transactions with developers, aimed at providing project-level liquidity through customised financing structures.
“The transactions were designed with collateral frameworks and defined exit mechanisms, as investors continue to prioritise downside protection and visibility on returns in a selective capital environment,” the company said.
Speaking about the development, Vickrant Singh, Co-Founder, Sawai Capital, said, “In periods like these, consistency matters more than momentum. Our focus has remained on disciplined underwriting and strong collateral structures, ensuring that every transaction is built with clarity on both risk and outcome. That approach has allowed us to stay steady, even as the broader environment remains uncertain.”
“At this scale, structuring becomes critical. It’s not just about identifying opportunities, but about designing transactions where investor protection is built into the framework from the start. That’s what gives investors confidence, especially in a market where visibility and risk assessment have become far more important,” Kajal Singh, co-founder of Sawai, further added.
The firm said its portfolio recorded zero delinquencies during the period, with transactions delivering secured yields in the range of 18 to 24 percent, reflecting continued activity in structured private credit, particularly in asset-backed real estate transactions where investors are seeking predictable returns alongside capital protection.