Svasti Microfinance Pvt. Ltd has raised Rs 34 crore ($4.8 million) from a clutch of investors including Nordic Microfinance Initiative (NMI) and Serum Institute of India CEO Adar Poonawalla, the Mumbai-based lender said on Tuesday. — VCCircle

Vertices Partners advised Nordic Microfinance Initiative Fund led by a team of managing partner Vinayak Burman, associate partner Vishal Mehta, associate partner Vivek Jha and associate Samiksha Sisodiya.

AZB & Partners acted for the Michael & Susan Dell Foundation.

2019-04-01

Deal value: INR 34 crore

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