Khaitan acts on $14m fund raising for Blue Jay Finlease

“Fintech lending platform Ziploan, which provides micro-loans of up to Rs 5 lakh to small and medium enterprises (SMEs), has raised Rs 90 crore in its Series-B funding led by venture capital firm SAIF Partners. The round also saw participation of existing investors Matrix Partners India, Waterbridge Ventures and Whiteboard Capital,” reported the Economic Times.

Khaitan & Co advised Blue Jay Finlease which operates Ziploan. The team was led by partner Mayank Singh, principal associate Nidhi Killawala and associates Maitreye Parashar and Kairavi Shah.

2018-09-28

Deal value: USD 14 million

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