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HomeNewsDeal Street
20 Nov 2017 1:26 PM GMT

Avendus Capital raises funds from KKR and Co, Gaja Capital

By Legal Era

Avendus Capital, a financial services firm has raised $51 million from existing investor Kohlberg Kravis Roberts and Co. (KKR) and new investor Gaja Capital, a mid-market focused PE firm.Avendus Capital has raised nearly Rs. 1,000 crore in the last two years whereas KKR, continues to remain the largest investor and hence the majority shareholder.KKR and Avendus were led by by Cyril...

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Avendus

Avendus Capital, a financial services firm has raised $51 million from existing investor Kohlberg Kravis Roberts and Co. (KKR) and new investor Gaja Capital, a mid-market focused PE firm.

Avendus Capital has raised nearly Rs. 1,000 crore in the last two years whereas KKR, continues to remain the largest investor and hence the majority shareholder.

KKR and Avendus were led by by Cyril Amarchand Mangaldas along with their Partner Reeba Chacko.

DSK Legal acted for Gaja Capital and the team was led by Pritha Jha along with Sanket Jain and Mayank Mehta.

As a part of the Sue Diligence team, there were Sameer Raina, Tanya Singh, Jayesh Kothari and Mayank Mehta.

Khaitan & Co too acted for Avendus and the Promoters in connection with the disclosures provided to KKR and Gaja and issuing the closing opinion to the investors; with the team being led by Partner Niren Patel along with Senior Associate Vinita Choudhury and Associate Anshuman Bharadwaj.

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