Deal Closed | Bertelsmann Nederland B.V. | Series E investment in Rupeek Fintech Private Limited

The details of the deal are as follows:

Sector: Financial Services, NBFCs 

Name of Client: Bertelsmann Nederland B.V 

Investor Details: Bertelsmann Nederland B.V | Netherlands | Investor  

Target Details: Rupeek Fintech Private Limited | India  

Deal Description: Series E investment in Rupeek Fintech Private Limited by way of subscription of Series E CCPS by existing investors (including Bertelsmann Nederland B.V.) and certain new investors. 

Total Consideration: INR 238 crore (USD 33 million) of which our client participated to the extent of USD 4.5 million  

Team Members: Mayank Singh (Partner), Sanchit Agarwal (Principal Associate), Bhavna Pattanaik (Senior Associate), Tanmaya Negi (Associate) 

Role of Firm: Assisted Bertelsmann Nederland B.V with negotiation and finalisation of transaction documents in relation to its Series E investment in Rupeek Fintech Private Limited. 

Other legal advisors if any with names of Lead Lawyers:

Cyril Amarchand Mangaldas (for the Target) and Indus Law (for certain other investors)