Tatva Legal advised micro-financier Grameen Financial Services (GFSPL), which received Rs 37.5 crore ($6.8m) of funding from US-based Creation Investments that was advised by J Sagar Associates (JSA).

Tatva Legal Bangalore senior associate Bhargava KS and manager Raghunath Ananthapur with assistance from partner Manav Nagaraj acted for Bangalore-headquartered GFSPL.

J Sagar Associates Delhi partner Lalit Kumar with associates Zain Pandit, John MA and Bharati Joshi acted for the social venture fund Creation Investments Capital Management.

Existing investors Microventures and Incofin also invested in this third round, according to the company’s press release, raising a total of Rs 53.2 crore ($9.6m).