•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Indus, CAM, Tatva act on $25m IFMR infusion

IndusLaw advised IFMR Holdings on its $25m (Rs 162.5 crore) fundraising from Accion Africa-Asia Investment Company which was advised by Tatva Legal, Leapfrog Financial Inclusion India (II) which was advised by Cyril Amarchand Mangaldas and impact investment fund Lok Capital which was advised in house.

Indus Mumbai partner Priyanka Roy and associate Mini Kapoor acted for IFMR.

CAM partner Akshay Bhat acted for Leapfrog.

Tatva partner Anu Iyer acted for Accion.

Accion’s share in the infusion was 50 per cent and existing IFMR investors Leapfrog and Lok Capital respectively added Rs 58.5 crore ($9m) and Rs 22.7 crore ($3.5m), reported VC Circle.

Click to show 2 comments
at your own risk
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.