In a strategic financial maneuver, Kogta Financial (India) Limited has successfully raised INR 1230 Crore in its Series F funding round, with Cyril Amarchand Mangaldas (CAM) providing key advisory support. This significant capital influx came from OTPP, marking a pivotal moment for Kogta Financial.
The funding round, encompassing both primary and secondary investments, saw partial exits from existing backers Morgan Stanley and Creador. CAM also provided tailored advice to Multiples Private Equity on renegotiating shareholder rights, maintaining a strict Chinese wall to ensure impartiality.
CAM’s General Corporate team played an instrumental role in navigating the complex legal landscape of the transaction. The transaction team was spearheaded by Suvojit Halder, Partner, with essential contributions from Darshna Vyas, Senior Associate, and Aarthi Sashikumar, Senior Associate. Additionally, Aditi Manchanda, Partner, supported by Adhiraj Gupta, Principal Associate, provided expert guidance to Multiples Private Equity.
The transaction, meticulously signed on June 6, 2024, highlights CAM’s critical involvement and comprehensive legal support throughout the process, ensuring Kogta Financial met all obligations seamlessly.
