Khaitan & Co along with SAMVĀD: Partners have advised on the INR 208 crore Series C funding round in Smartcoin Financials Private Limited, which operates the digital lending platform Olyv.
The round was led by The Fundamentum Partnership – Fund II, with participation from SMBC Asia Rising Fund. The aggregate capital raise was approximately INR 207–208 crore.
Smartcoin operates mobile- and web-based credit platforms, providing end-to-end digital lending enablement services to regulated lenders, including customer acquisition, underwriting support, loan origination, servicing and collections through a technology-led stack. The group operates through a subsidiary that is an RBI-licensed NBFC, undertaking on-balance-sheet lending and enabling tighter integration between regulated credit, risk management and digital distribution.
Khaitan & Co advised Olyv (Smartcoin Financials Private Limited) on the Series C funding round.
The deal team included Sanchit Agarwal, Prerna Kapur, Chirag Mangal, Jubin Jay, Shubhang Upadhyay, Yatin Chanda, Aastha Agarwallaa and Akhil Piyush, with assistance from Abhinav Rastogi (Employment).
Samvad Partners advised The Fundamentum Partnership – Fund II on its INR 120 crore investment as part of the Series C round.
The transaction team comprised Partners Junaira Rahman and Pratik Patnaik, supported by Senior Associate Soham Roy and Associates Ayush Rastogi and Shivi Shrivastava.
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