SMECorner, the online lending platform has raised approximately around $7 million (Rs.47.5 crore) collectively from Capital First and the existing investors – Accion Africa-Asia Investment Company and a clutch of high net worth individuals..The capital raised by SMECorner is a mix of both equity and debt wherein Rs.25 crore has been raised in debt and the rest Rs.22.5 crore is raised in equity..Jerome Merchant + Partners advised SMECorner and the team was led by Partner Sameer Sibal and Associate Rishabh Amber Gupta..AZB & Partners acted for Capital First and the team was led by Partner Vaidhyanadhan Iyer and Associate Soumalya Saha..Tatva Legal, Mumbai advised Accion Africa-Asia Investment Company with a team led by Partner Anu Iyer.
SMECorner, the online lending platform has raised approximately around $7 million (Rs.47.5 crore) collectively from Capital First and the existing investors – Accion Africa-Asia Investment Company and a clutch of high net worth individuals..The capital raised by SMECorner is a mix of both equity and debt wherein Rs.25 crore has been raised in debt and the rest Rs.22.5 crore is raised in equity..Jerome Merchant + Partners advised SMECorner and the team was led by Partner Sameer Sibal and Associate Rishabh Amber Gupta..AZB & Partners acted for Capital First and the team was led by Partner Vaidhyanadhan Iyer and Associate Soumalya Saha..Tatva Legal, Mumbai advised Accion Africa-Asia Investment Company with a team led by Partner Anu Iyer.