IFMR Holdings, a financial inclusion platform, has raised $25 million from Accion, Leapfrog Investments and Lok Capital, an Indian impact investment firm..IndusLaw acted for IFMR Holdings with a team led by Mumbai Partner Priyanka Roy along with Associate Mini Kapoor..Cyril Amarchand Mangaldas advised Leapfrog, which is investing $9 million. The team was led by Partner Akshay Bhat..Tatva Legal acted for Accion with a team led by Partner Anu Iyer..Accion is investing $12.5 million of the total, while Lok Capital is investing $3.5 million, reports Business Standard.
IFMR Holdings, a financial inclusion platform, has raised $25 million from Accion, Leapfrog Investments and Lok Capital, an Indian impact investment firm..IndusLaw acted for IFMR Holdings with a team led by Mumbai Partner Priyanka Roy along with Associate Mini Kapoor..Cyril Amarchand Mangaldas advised Leapfrog, which is investing $9 million. The team was led by Partner Akshay Bhat..Tatva Legal acted for Accion with a team led by Partner Anu Iyer..Accion is investing $12.5 million of the total, while Lok Capital is investing $3.5 million, reports Business Standard.
