India - Digikredit Finance Private Limited (SME Corner) Obtains INR 135 Crores From Paragon Partners Growth Fund – I And Existing Investors.

Legal News & Analysis - Asia Pacific - India - Capital Markets

15 April, 2020

 

Digikredit Finance Private Limited, a private limited non-banking finance company in the business of business of operating a technology platform which facilitates loan origination for SME borrowers raised INR 135 crores from Paragon Partners Growth Fund, Accion Africa – Asia Investment Company, Accion Venture Lab LP and Accion Frontier Inclusion Mauritius and other existing investors.

 

Role - Jerome Merchant + Partners, Mumbai advised Digikredit Finance Private Limited.

 

Members of JM+P team: The team was led by Partners Sameer Sibal along with Associates Rishabh Gupta and Nirav Bakshi and Paralegal Gayathri Kamath.

 

Other Legal Advisor 1: Shardul Amarchand Mangaldas & Co. advised Paragon Partners Growth Fund.

 

Members of Shardul Amarchand Mangaldas & Co. team: The team was led by Principal Associates Tanya Uppal and Navruz Vakil.   

 

Other Legal Advisor 2: Tatva Legal, Mumbai Office advised Accion Entities 

 

Members of Tatva Legal, Mumbai Team: The team was led by Partner Anu Iyer along with Associate Ananya Gupta.  

  

Other Legal Advisor 2: Tatva Legal, Bengaluru Office advised Accion Frontier Mauritius (AFIM)  

 

Members of Tatva Legal, Bengaluru Team: The team was led by Partners Manav Nagraj, Bhargava KS along with Senior Associate Junaid Ahmed.