Shardul Amarchand Mangaldas advised Lightrock India

Shardul Amarchand Mangaldas advised Lightrock India

Shardul Amarchand Mangaldas & Co. Lightrock India along with Soros Economic Development Fund; SAIF Partners India IV Limited; Elevation Capital V Limited; Sequoia Capital India Investments IV; Creation Investments CF LLC; Ribbit Capital Mauritius IV; Amazon.com NV Investment Holdings LLC; QED Innovation Labs LLP (investment vehicle of Mr Kunal Shah, CRED) and RUA California Ltd (investment vehicle of David Velez of Nubank) to subscribe to Series F convertible cumulative non-participating preference shares of Capfloat Financial Services Private Limited.

The transaction team was led by Manav Nagaraj, Partner; KS Bhargava, Partner; and Smita Rakshale, Senior Associate. The Confirmation review of Vendor Legal Due Diligence team was led by KS Bhargava, Partner; and Smita Rakshale, Senior Associate. The regulatory and NBFC aspects team was led by Zubin Mehta, Partner; Disha Khandelwal, Associate; and Jasraj Narula, Associate.

Trilegal advised Soros Economic Development Fund. SAIF Partners India IV Limited, Amazon.com NV Investment Holdings LLC and Elevation were represented by its in-house counsel. Indus Law advised Investments CF LLC and Ribbit Capital Mauritius IV. Klaw advised Capfloat Financial Services Private Limited and its promoters.

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