“Manappuram Finance Ltd, Kerala-based gold finance non-banking financial company (NBFC), has acquired an 85% stake in Indian School Finance Co. (ISFC) from existing impact investors Gray Matters Capital and Caspian, the companies said in a statement,” according to Mint.

Cyril Amarchand Mangaldas advised Manappuram Finance Limited led by a team of partners Reeba Chacko, Shishir Vayttaden, Avaantika Kakkar, Anshuman Sakle and Daksha Baxi.

Also advising was Wadia Ghandy.

2018-07-02

Deal value: Rs 212 crores

{incomplete}