MyMoneyMantra, an omni-channel financial services distributor, has raised $15 million (₹104 crore) of private equity funding from Dutch investment firm IFSD BV, in lieu of 30 per cent stake. — Hindu Business Line

Solomon & Co advised Vaalon Capital (GP) No 1 Limited led by a team of managing partner Aaron Solomon and partner Anagha Subramaniam.

UK counsel was Bryan Cave Leighton Paisner acting for IFSD BV and Vaaalon Capital.

Khaitan & Co Delhi acted for MyMoneyMantra, which it had also advised on its earlier June 2019 $7.5m fundraising round.

2019-07-16

Deal value: 104 Crore

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