AZB on NBFC Ess Kay Fincorp’s $45m Series E by TPG, Norwest, Evolvence

Ess Kay Fincorp Ltd, a non-banking finance company, has raised ₹337 crore in a Series E funding from TPG Growth, Norwest Venture Partners and Evolvence. The company’s promoter Rajendra Setia also invested in this round. With this investment, the firm has raised over ₹1,000 crore of external capital from marquee investors.

Hindu Business Line

AZB & Partners advised the investor TPG Growth Advisors led by a team of partner Divya Mundra, senior associate Palak Khandelwal.

2021-05-06

Deal value: INR 337 crores (USD 45 million)

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