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.