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Khaitan acts on $10.7m Maj Invest, Danish Micro Series C into Hyd’s Basix Sub-K fintech player (Oct ‘19)

Basix Sub-K iTransactions, a Hyderabad-based fintech company focused on financial inclusion, has raised Series C round of Rs 75 crore from Maj Invest, a Denmark-based asset management company.


Khaitan & Co advised Danish Microfinance Partners K/S and Maj Invest Financial Inclusion Fund K/S II, led by a core transaction team comprised of partner Kartick Maheshwari, partner Akshay Bhargav, principal associate Radhika Agarwal, associate Tanvi Arora and associate Aman Dwivedi, with assistance on due diligence from associate Srishti Mukherjee and associate Aditi Sharma; and on IP issues from partner Shailendra Bhandare and senior associate Sourav Dan.


Deal value: USD 10.70 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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