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AZB acts for Sachin Bansal in (Sep ‘19) foray into financial services with Chaitanya microfinance buy

Bengaluru: Flipkart cofounder Sachin Bansal has picked up a majority stake in Bengaluru-based microfinance company Chaitanya Rural Intermediation Development Services (CRIDS), in what is probably a stepping stone into the broader financial services space for the internet billionaire.

The Economic Times

AZB & Partners advised BAC Acquisitions Private Limited, which is part of the Sachin Bansal Group, led by a team of partner Aditi Gopalakrishnan, and senior associates Gaurav Bansal and Shashank Sharma.


Deal value: Confidential

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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