Sodhani Academy of Fintech Enablers Ltd has approved an investment of 1 Crore (Cr) in cash to acquire a 1% equity stake in CredArc Technologies Private Limited.

This strategic move allows the company to enter the growing digital compliance, reporting, and sustainability technology ecosystem.

The target entity focuses on environmental, social, and governance technology solutions.

This investment is outside the purview of related party transactions and aims to expand the company's participation in technology-enabled services and data management solutions.