Bengaluru: Flipkart cofounder Sachin Bansal has picked up a majority stake in Bengaluru-based microfinance company Chaitanya Rural Intermediation Development Services (CRIDS), in what is probably a stepping stone into the broader financial services space for the internet billionaire.

— The Economic Times

AZB & Partners advised BAC Acquisitions Private Limited, which is part of the Sachin Bansal Group, led by a team of partner Aditi Gopalakrishnan, and senior associates Gaurav Bansal and Shashank Sharma.

2019-09-18

Deal value: Confidential

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