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Trilegal for Incred NBFC in $86m funding round with JSA, Indus, CAM, Khaitan, SAM, Linklaters

“New age technology-led NBFC InCred has raised Rs 600 crore from a group of global investors in a move that will raise its equity capital. The latest funding round will increase the total equity capital of the company to over 1,000 crore,” reported The Economic Times, with funding from Alpha Capital and V’Ocean.

Trilegal acted for InCred and its promoters, led by partner Kunal Chandra and assisted by senior associate Akshat Shrivastava.

J Sagar Associates (JSA) acted for Dutch development finance institution FMO, led by partner Manav Raheja and associate Gaurav Matta.

Linklaters London acted for Moore Strategic Ventures, led by partner Sushil Jacob and legal advisor Lavanya Chawla.

Induslaw partner Suneeth Katarki and principal associate Mayukh Datta acted for Elevar Equity, along with Elevar in-houser Ankita Kansil.

Cyril Amarchand Mangaldas advised Alpha Capital Advisors Private Limited led by a team of partner Gaurav Singhi, senior associate Sushrut Biswal.

Existing investor Paragon Partners was represented by Khaitan & Co, led by partner Akshay Bhargav, principal associate Aastha Khurana and associates Probal Bose and Kaushiki Agarwal.

Existing investor IDFC Private Equity was represented by Shardul Amarchand Mangaldas led by partner Raghubir Menon and principal associates Gaurav Dayal and Deepa Rekha.


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