MNK Law Offices advised the housing finance provider, Shubham Finance in securing investment from its existing investors, Helion Venture, Elevar Equity, Saama Capital and Accion, along with a new investor – Motilal Oswal..Shubham Finance has raised Rs. 122 crore ($ 20 million), with Motilal Oswal investing around Rs. 62 crore, and the remaining coming from the existing investors..IndusLaw advised the investors with a team led by Hyderabad Partner Satya Sree Akella along with Associates, Kriti Bhatia and Basava Rao..The MNK team was led by Partner, Probal Bhaduri along with Associates, Priyanka Dixit Sibal and Shilpa Margaret Ekka..“We had advised Shubham in the previous two rounds of funding by the existing investors.The fact that such deals provide an impetus to the social sector, make them more relevant and compelling in the current markets”, commented MNK Partner Probal Bhaduri.
MNK Law Offices advised the housing finance provider, Shubham Finance in securing investment from its existing investors, Helion Venture, Elevar Equity, Saama Capital and Accion, along with a new investor – Motilal Oswal..Shubham Finance has raised Rs. 122 crore ($ 20 million), with Motilal Oswal investing around Rs. 62 crore, and the remaining coming from the existing investors..IndusLaw advised the investors with a team led by Hyderabad Partner Satya Sree Akella along with Associates, Kriti Bhatia and Basava Rao..The MNK team was led by Partner, Probal Bhaduri along with Associates, Priyanka Dixit Sibal and Shilpa Margaret Ekka..“We had advised Shubham in the previous two rounds of funding by the existing investors.The fact that such deals provide an impetus to the social sector, make them more relevant and compelling in the current markets”, commented MNK Partner Probal Bhaduri.