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AZB for Amazon in $10m support of SME finance platform M1Xchange with Beenext, Mayfield

Amazon has led a $10 million financing round in M1xchange, an online invoice discounting startup catering to micro, small and medium enterprises (MSMEs). Existing investors Beenext and Mayfield also participated in the funding round.

AZB & Partners acted as the Indian legal counsel to Amazon led by a team of partners Hardeep Sachdeva and Ravi Bhasin, and senior associate Kriti Singhania.


Deal value: Around INR 73 crores (USD 10 million)

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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