
Khaitan & Co advised Mahaveer Finance India Limited on its Series C Funding Round
Khaitan & Co advised Mahaveer Finance India Limited in connection with its INR Series C funding round led by Elevation Capital VIII Limited, which acquired a minority stake in the company. The round also saw participation from First Bridge India Growth Fund and Banyantree India Growth Capital Fund.
The transaction will support Mahaveer Finance’s growth strategy and further its mission to provide accessible financial solutions in the Indian market.
The Khaitan & Co team was led by Sanchit Agarwal (Partner), with support from Prerna Kapur (Senior Associate), Harshita Saraf (Senior Associate), and Shivangi Mishra (Associate). The team assisted in deal structuring, negotiation, finalisation of transaction documents, and closing-related matters.
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