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Shardul Amarchand Mangaldas advises Lendingkart Technologies on internal fund raise of Rs.70Cr

ANI  |  New Delhi [India] 

Shardul Amarchand Mangaldas & Co. (SAM & Co.) acted as legal counsel to Lendingkart Technologies Private Limited, a fintech in the working capital space, as it raised nearly Rs. 70 Crore in its largely internal investment round from Sistema Fund and its existing investors Bertelsmann Netherlands, Mayfield II, Saama Capital, Quotient and Darrin Capital Management.

The SAM & Co. team was involved in due diligence, drafting, negotiating and finalising the documents.

The team at SAM & Co. comprised Siddharth Nair; Partner, Kaushalya Venkataraman, Senior Associate; Garima Jain, Associate and Shachi Singh, Associate.

The closed on August 11, 2017.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 12 2017. 07:57 IST