Cyril Amarchand Mangaldas (CAM) advised Kogta Financial (India) Limited on its series F fundraise of INR 1230 Crore from OTPP. The round involves primary and secondary. Morgan Stanley and Creador, existing investors of the company, are partially exiting. We also advised Multiples Private Equity (existing investor) on a Chinese wall basis on the shareholder rights renegotiation as part of the round.
CAM played a crucial role by providing comprehensive legal support to Kogta Financial including on its obligations in the secondary leg of the transaction.
The General Corporate team of Cyril Amarchand Mangaldas advised on the matter. The transaction team led by Suvojit Halder,Partner;withsupportfrom DarshnaVyas, SeniorAssociate; andAarthi Sashikumar, Senior Associate advised Kogta Financial.
Aditi Manchanda, Partner; with support from Adhiraj Gupta, Principal Associate; advised Multiples Private Equity.
The transaction was signed on 6thJune 2024.
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About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas(cam) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds,start-ups, government and regulatory bodies. The Firm generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. The Firm is one of the largest full-service law firm in India and offices in key business centers at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and Abu Dhabi.
The Firm received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive years in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.
