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JMP, SAM, Tatva act on $30m fundraise for SMECorner

SMEcorner, which lends to micro, small and medium enterprises (MSMEs), has raised $30 million through a mix of equity and debt, a senior company executive said.


Jerome Merchant + Partners advised Digikredit Finance Private Limited, operating as SMECorner led by a team of partner Sameer Sibal along with associates Rishabh Gupta and Nirav Bakshi and paralegal Gayathri Kamath.

Shardul Amarchand Mangaldas advised Paragon Partners Growth Fund.

Update 17 April 2020: Tatva Legal Bangalore office advised Quona Capital, an existing investor that also invested in this round, led by a team including partners Manav Nagaraj and Bhargava K S, and senior associate Junaid Ahmed.

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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