India - IIFL And Morgan Stanley Private Equity Fund Invests In Kogta Financial (Retail Lending NBFC).

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

29 November, 2018

 

Retail focused NBFC entity, Kogta Financial (India) Limited, raised a fresh round of funding from the existing investor, IIFL Seed Ventures and the new investor, Morgan Stanley Private Equity Asia-managed fund. The total investment size was INR 154 crores (approximately USD 22 million) wherein IIFL invested INR 40 crores and Morgan Stanley invested INR 114 crores.   

 

Role - Jerome Merchant + Partners advised IIFL Seed Ventures 

Members of JM+P team: The team was led by partner Sameer Sibal along with associates Anna Liz Thomas and Rishabh Amber Gupta.

 

Other Legal advisor 1: Trilegal advised the Company (Kogta Financial (India) Limited)

Members of Trilegal team: The team was led by partner Kunal Chandra along with senior associate Harshil Dalal and associates Akshat Shrivastava and Akriti Gupta. 

 

Other Legal advisor 2: Shardul Amarchand Mangaldas (SAM) advised Morgan Stanley

Members of SAM team: The team was led by partner Nivedita Tiwari along with associate Rajashree Ravi.  

 

https://tech.economictimes.indiatimes.com/news/startups/retail-focused-finance-firm-kogta-financial-secures-rs-154-cr-funding/66856835