JSA and Antares Legal advised on Mynd Fintech’s acquisition of C2FO India Technologies Private Limited.
Mynd Fintech, the supply chain finance subsidiary of M1xchange, has acquired 100% of C2FO India Technologies Private Limited from Pollen, Inc. Through a share purchase transaction.
C2FO India Technologies operates an early payment platform enabling suppliers to access working capital through accelerated invoice payments.
The acquisition brings together two participants in India’s supply chain finance ecosystem, with the combined business expected to process annual transaction volumes exceeding ₹50,000 crore while serving over 140 large corporates and more than 200,000 suppliers. As part of the transaction, Mynd Fintech will license the C2FO early payment platform and retain C2FO India’s existing team to ensure continuity for customers.
JSA advised M1xchange on the acquisition.
The JSA team was led by Partners Rashi Saraf and Vinit Patwari, with support from Senior Associate Aparimita Choudhary, and Associate Nandini Soora.
Antares Legal advised Pollen, Inc. On the sale of its shareholding in C2FO India Technologies Private Limited to Mynd Fintech, the supply chain finance subsidiary of M1xchange.
The Antares Legal team was led by Partner Navin Syiem, with support from Partner Sidhartha Jatar, and Associates Gabriella Martin and Jei Shrinivas Sridhar.
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