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L&L acts on $16m TR Advisors investment in Arohan Financial NBFC

TR Capital, an Asia-focused secondary investments firm, announced the completion of two secondary direct investments in India. As a part of its third fund (TR Capital III) the company has acquired a 10.5 per cent stake in Arohan Financial Services Private Ltd, an NBFC Micro Finance Institution , that provides micro-financing solutions and insurance to low-income states.
Hindu Business Line

L&L Partners advised TR Advisors Limited led by a team of partner Deepak THM, managing associate Vivek Pareek and associate Soumil Garg; managing associate Anshuman Mozumdar and associate Devaditya Chakravarti assisted in the due diligence of the company.


Deal value: USD 16 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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