Indus, CAM, Tatva act on $25m IFMR infusion

Thursday, 20 August 2015 By Legally India Private equity / VC

IndusLaw advised IFMR Holdings on its $25m (Rs 162.5 crore) fundraising from Accion Africa-Asia Investment Company which was advised by Tatva Legal, Leapfrog Financial Inclusion India (II) which was advised by Cyril Amarchand Mangaldas and impact investment fund Lok Capital which was advised in house.

Indus Mumbai partner Priyanka Roy and associate Mini Kapoor acted for IFMR.

CAM partner Akshay Bhat acted for Leapfrog.

Tatva partner Anu Iyer acted for Accion.

Accion’s share in the infusion was 50 per cent and existing IFMR investors Leapfrog and Lok Capital respectively added Rs 58.5 crore ($9m) and Rs 22.7 crore ($3.5m), reported VC Circle.

IndusLawCyril Amarchand MangaldasTatva Legal

Comments

Johnny 20 Aug 2015, 18:37
+1 -2
Why isn't anyone talking about SAM (mumbai) representing Uber in the Tata Capital deal (elbowing out CAM and KCO)
Eating sugar, No papa 21 Aug 2015, 14:05
+0 -0
Who is this anyone you talking about Johnny boy? And how do you know who has been elbowed out too? Do you even know who Tata Capital's legal counsel is?
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