“CapitalG, the growth-stage investment arm of Google’s parent company Alphabet, has led a Rs 147 crore funding round in non-banking financial company (NBFC) AYE Finance, in the process marking its first bet in the Indian financial services sector,” according to ET.

IndusLaw advised existing investors Aye Finance Private Limited and SAIF partners India V Limited, Accion Africa-Asia Investment Company and LGT Capital Invest Mauritius PCC with Cell E/VP.

2018-06-11

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.