Economic Laws Practice (ELP) advised alternate asset management firm Tano Capital on investing Rs 60 crore in India’s second NBFC microfinance institution Arohan which was advised by A&M Law Offices.

ELP partner Suhail Naithani, associate partner Vinayak Burman, senior associate Archana Khosla and associate Amoolya Narayan acted for Tano. A&M partner Viral Mehta and associate P Goel acted for Arohan.

Investors and stakeholders are increasingly becoming enthusiastic about microfinance institutions, reported the Business Standard.