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Hemant Sahai in Dell Foundation $1m pensions micro finance grant

Hemant Sahai Associates (HSA) acted as sole legal advisor on a micro finance investment by the Michael & Susan Dell Foundation in Delhi-based organisation Invest India Micro Pension Services Private Limited (IIMPS) raising roughly $1m for retirement pension plans and other savings.

HSA Delhi corporate and M&A partner Navin Syiem led the transaction along with associates Harvinder Singh and Ankana Chatterjee for IIMPS and its promoter group.

Established in 2006, IIMPS delivers pension and insurance products and services to low income workers in collaboration with micro-finance institutions, cooperatives, self-help groups, worker unions, multilateral and bilateral aid agencies, government departments and finance firms.

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