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AZB, SAM, HogLov, Cooley on ZestMoney’s $15m, 15% fundraise from Goldman Sachs

ZestMoney, an artificial intelligence-driven financing platform, has raised over Rs 100 crore ($15 million) in an equity investment round led by American investment banking giant Goldman Sachs. The Bengaluru-based company’s existing investors, Naspers Fintech, Quona Capital and Flourish, also participated in the funding round.

Business Standard

AZB & Partners advised Camden Town Technologies Private Limited, operating as ZestMoney, led by a team of partner Anu Tiwari and senior associate Aditya Alok.

Shardul Amarchand Mangaldas acted for Goldman Sachs, with a transaction team led by partner Mithun V Thanks; the team also included principal associate Anjali Menon; senior associate Gaurav Dugar; associate Nirav Punjani; and associate Sangeetha Ganesh. Banking and finance advice was provided by partner Veena Sivaramakrishnan; senior associate Dhananjai Charan; and associate Simant Satapathy. Intellectual property aspects were handled by partner Mukul Baveja, while regulatory aspects involved principal associate Kirti Mahapatra.

Hogan Lovells International LLP represented Goldman Sachs on the transaction.

Cooley LLP also represented Zestmoney.


Deal value: INR 1.1 Billion/USD 15 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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