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S&R, Avigna act on Artis’ $3.2m A round into Crediwatch

Fintech startup Crediwatch has raised $3.2 million in a Series A funding round, led by ARTIS Labs. Abstract Ventures also participated in this round, Crediwatch said, in a statement... Prior to this round, the statement added, Crediwatch raised $1.6 million from Modern India Ltd, the family office of Vijay Kumar Jatia, Contrarian Vriddhi Fund, Vaibhav Domkundwar’s Better Capital, Mekin Maheshwari (Flipkart’s former Chief People Officer) and Pithambar Gona (former managing director of Blackstone Pvt Equity Asia), bringing the total funding till date to $5 million.

Mint

S&R Associates advised Artis Ventures led by partner Venkatesh Vijayaraghavan and associates Dhruv Nath, Srimukundan R and Tanaya Desai.

Update 25 October 2019: Avigna Law Advocates advised Crediwatch Information Analytics Private Limited led by a team including partner Kshama Ravikumar.

Mansukhlal Hiralal & Co advised existing investor Modern India Limited and its promoting Jatia family, led by a team including partner Bhushan Shah and partner Ashwin Mathew.

2019-10-22

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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