Financial services firm Avendus Capital has raised $51 million from existing investor Kohlberg Kravis Roberts and Co. (KKR) and new investor Gaja Capital, a mid-market focused PE firm..With this latest round, Avendus Capital has raised nearly Rs. 1,000 crore in the last two years. KKR continues to remain the largest investor and hence the majority shareholder, reported Mint..Cyril Amarchand Mangaldas acted for KKR and Avendus and the team was led by Partner Reeba Chacko..DSK Legal acted for Gaja Capital with a team led by Pritha Jha along with Sanket Jain and Mayank Mehta..Sameer Raina, Tanya Singh, Jayesh Kothari and Mayank Mehta were part of the Due Diligence team..Khaitan & Co too acted for Avendus and the Promoters in connection with the disclosures provided to KKR and Gaja and issuing the closing opinion to the investors..The Khaitan team was led by Partner Niren Patel along with Senior Associate Vinita Choudhury and Associate Anshuman Bharadwaj.
Financial services firm Avendus Capital has raised $51 million from existing investor Kohlberg Kravis Roberts and Co. (KKR) and new investor Gaja Capital, a mid-market focused PE firm..With this latest round, Avendus Capital has raised nearly Rs. 1,000 crore in the last two years. KKR continues to remain the largest investor and hence the majority shareholder, reported Mint..Cyril Amarchand Mangaldas acted for KKR and Avendus and the team was led by Partner Reeba Chacko..DSK Legal acted for Gaja Capital with a team led by Pritha Jha along with Sanket Jain and Mayank Mehta..Sameer Raina, Tanya Singh, Jayesh Kothari and Mayank Mehta were part of the Due Diligence team..Khaitan & Co too acted for Avendus and the Promoters in connection with the disclosures provided to KKR and Gaja and issuing the closing opinion to the investors..The Khaitan team was led by Partner Niren Patel along with Senior Associate Vinita Choudhury and Associate Anshuman Bharadwaj.