Funding 
Dealstreet

Vertices, SAM, L&L act on Finova Capital Series D funding round

Norwest Venture Partners, Maj Invest and Faering Capital participated in the round.

Bar & Bench

Finova Capital has raised US$ 65 million (approx. ₹493.4 crore) in Series D round of funding from Norwest Venture Partners, Maj Invest, and Faering Capital.

Vertices Partners advised Finova Capital and its Promoters on the deal.

The team was led by Founder and Managing Partner Vinayak Burman.

Shardul Amarchand Mangaldas advised Norwest Venture Partners with a team led by Partners Puja Sondhi, Aayush Kapoor and Manita Doshi.

Faering Capital was advised by its in-house team.

L&L Partners represented Sequoia Capital with a team led by Partner Nitin Gera.

Norwest led the round with a $45 million investment.

The funds will be used to grow its loan book, invest in technology, expand geographically and further its vision of enabling financial inclusion at scale.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Delhi High Court lifts import ban on Salman Rushdie's Satanic Verses after ban notification goes missing

Gujarat High Court rejects Pakistani man’s plea for custody of minor son brought to India by mother

Rohini Sindhuri IAS tells Supreme Court she doesn't want to settle case against Roopa Moudgil IPS

Delhi High Court raises eyebrows over use of Proton Mail

Proposed Amendments to the (Indian) Arbitration and Conciliation Act – if it ain’t broke, don’t fix it? - Part II

SCROLL FOR NEXT