Antares Legal and Vertices Partners advised on Sindhuja Microcredit’s US$5 million Pre-Series D funding round.
The round was backed by existing investors Abler Nordic, GAWA Capital, and Oikocredit. The rural-focused microfinance institution intends to utilise the fresh capital to strengthen its capital base, support business expansion, and scale access to credit for underserved communities.
Antares Legal represented Sindhuja Microcredit Pvt. Ltd. on the fundraise from existing investors Abler Nordic, GAWA Capital and Oikocredit. Antares Legal also represented existing investor Carpediem Capital Partners on matters relating to the transaction.
The Antares team was led by Partner Surbhi Kothiala, with support from Associates Divyanshu Bansal and Garima Thukral.
Vertices Partners represented Abler Nordic, GAWA Capital and Oikocredit in their investment in Sindhuja Microcredit as part of the company’s Pre-Series D funding round.
The team was led by Partner Vikrant Anand and included Associate Manager Nishtha Khandelwal and Associate Liji Anna Thomas. Founder and Managing Partner Vinayak Burman provided strategic inputs.
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