Nishith Desai Associates : Deal Corner
Posted by By nishithadmin at 9 April, at 13 : 14 PM Print
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NEXUS INVESTS IN NAMASTE CREDIT
DEAL BRIEF
Namaste Credit received an investment of approximately USD 3.8 million from Nexus Venture Partners. Namaste Credit operates an online application based technology and data analytics platform that matches small & medium enterprises or individuals looking for financing with prospective lenders. Several leading NBFCs and lenders have registered with the Namaste Credit platform. Through the platform one can avail business or personal loans.
Press coverage relating to this transaction, is available at Livemint, here and at Economic Times, here.
OUR ROLE
We, at Nishith Desai Associates, acted as the Indian legal, tax and regulatory counsel to Nexus.
Chambers and Partners: Ranked in Tier 1 for Tax
World Tax (International Tax Review’s Directory): Recommended Tax Firm in India
Legal 500 2018 : Ranked in Tier 1 for Dispute Resolution, Labour & Employment, Investment Funds, TMT and Tax
Fastest Growing M&A Law Firm in India in 2015: MergerMarket
The Most Innovative Law Firm in Asia-Pacific