Our firm advised SarvaGram, a rural-focused digital lending firm in relation to Series D funding round, led by Peak XV and SarvaGram's existing investors Elevar Equity, Elevation Capital, Temasek and TVS Capital.
Deal value: USD 65 million
INDUSLAW Team:
Transaction: Stuti Agarwal (Partner), Surbhi Joshi (Senior Associate) and Krithika R Bhandari (Associate).
Corporate Secretarial: Ruhi Jain (Executive Director), Praveen Hegde (Manager) and Adarsh Joshi (Senior Executive).
Other law firms advised:
- Cyril Amarchand Mangaldas – Peak XV, Elevar Equity, Elevation Capital, and TVS Capital
- JSA - Temasek
Footnotes
1. https://www.vccircle.com/peakxv-leads-sarvagram-s-nearly-70-mn-series-d-round
2. https://www.moneycontrol.com/news/business/startup/rural-credit-startup-sarvagram-raises-rs-565-crore-in-series-d-led-bypeak-xv-partners-12867427.html
3. https://www.moneycontrol.com/news/business/startup/rural-credit-startup-sarvagram-raises-rs-565-crore-in-series-d-led-bypeak-xv-partners-12867427.html