ChrysCapital Advisors has acquired a significant minority stake in Thirumeni Finance Pvt. Ltd, a Bengaluru-based non-banking financial company (NBFC) that operates under the name Varthana..Varthana has raised Rs. 350 crore through a combination of a primary raise and secondary stake sales by investors lead by ChrysCapital, along with existing investors, reported Mint..Existing investors of Varthana include Elevar Equity, LGT Venture Philanthropy, Omidyar Network and Kaizen Private Equity..Cyril Amarchand Mangaldas acted for ChrysCapital Advisors and the team included Partner Akshay Bhat along with Principal Associate Chandan Kota and Associate Krithika Chandrashekharan..IC Universal Legal advised Varthana with a team led by Partner Kavitha Vijay along with Senior Associate Kavita Pancholi and Associates Ashtawadh Balan and Vidhyutha Lakhshminarayan..IndusLaw acted for Elevar, LGT and Omidyar. The Indus team included Partner Suneeth Katarki along with Senior Associate Mayukh Datta and Associates Anantha Krishnan Iyer and Ritwik Mukherjee.Trilegal advised Kaizen Private Equity with a team led by Partner Yogesh Bhattarai and Associate Sagar Godbole.Image Credit: Varthana
ChrysCapital Advisors has acquired a significant minority stake in Thirumeni Finance Pvt. Ltd, a Bengaluru-based non-banking financial company (NBFC) that operates under the name Varthana..Varthana has raised Rs. 350 crore through a combination of a primary raise and secondary stake sales by investors lead by ChrysCapital, along with existing investors, reported Mint..Existing investors of Varthana include Elevar Equity, LGT Venture Philanthropy, Omidyar Network and Kaizen Private Equity..Cyril Amarchand Mangaldas acted for ChrysCapital Advisors and the team included Partner Akshay Bhat along with Principal Associate Chandan Kota and Associate Krithika Chandrashekharan..IC Universal Legal advised Varthana with a team led by Partner Kavitha Vijay along with Senior Associate Kavita Pancholi and Associates Ashtawadh Balan and Vidhyutha Lakhshminarayan..IndusLaw acted for Elevar, LGT and Omidyar. The Indus team included Partner Suneeth Katarki along with Senior Associate Mayukh Datta and Associates Anantha Krishnan Iyer and Ritwik Mukherjee.Trilegal advised Kaizen Private Equity with a team led by Partner Yogesh Bhattarai and Associate Sagar Godbole.Image Credit: Varthana