
Cyril Amarchand Mangaldas advised IKF Finance Limited on its INR 1,465 crore fundraise
Cyril Amarchand Mangaldas advised IKF Finance Limited on its latest round of fundraise amounting to approximately INR 1,465 crores. The round involved both primary and secondary investments led by Norwest Capital LLC.
As part of the transaction, Motilal Oswal Private Equity, an existing investor in the company, exited by selling its shareholding to Norwest and subsequently re-invested into the company. The firm also advised Motilal Oswal Private Equity on its exit and re-entry in this round.
The Cyril Amarchand Mangaldas team was led by Vandana Sekhri (Partner) and Suvojit Halder (Partner), with support from Darshna Vyas (Senior Associate) and Achyutha G M (Associate).
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