Retail-focused non-banking financial company Kogta Financial has raised 154 crores in a financing round led by a fund managed by Morgan Stanley Private Equity Asia and existing backer IIFL Seed Ventures..The Morgan Stanley Private Equity Asia-managed fund invested about 114 crores for a minority stake, while IIFL Seed Ventures, the first institutional investor in 22-year-old Kogta Financial, put in 40 crores, reported ET..Trilegal advised Kogta Financial and the team included Partner Kunal Chandra, Senior Associate Harshil Dalal and Associates Akshat Shrivastava and Akriti Gupta..Jerome Merchant + Partners advised IIFL Seed Ventures and the team was led by Partner Sameer Sibal along with Associates Anna Liz Thomas and Rishabh Amber Gupta.. Shardul Amarchand Mangaldas advised Morgan Stanley and the team was led by Partner Nivedita Tiwari along with Associate Rajashree Ravi.
Retail-focused non-banking financial company Kogta Financial has raised 154 crores in a financing round led by a fund managed by Morgan Stanley Private Equity Asia and existing backer IIFL Seed Ventures..The Morgan Stanley Private Equity Asia-managed fund invested about 114 crores for a minority stake, while IIFL Seed Ventures, the first institutional investor in 22-year-old Kogta Financial, put in 40 crores, reported ET..Trilegal advised Kogta Financial and the team included Partner Kunal Chandra, Senior Associate Harshil Dalal and Associates Akshat Shrivastava and Akriti Gupta..Jerome Merchant + Partners advised IIFL Seed Ventures and the team was led by Partner Sameer Sibal along with Associates Anna Liz Thomas and Rishabh Amber Gupta.. Shardul Amarchand Mangaldas advised Morgan Stanley and the team was led by Partner Nivedita Tiwari along with Associate Rajashree Ravi.