Deal Street

November 02, 2017

Rs 96 crore ($14.7 million) fund raised by Kinara Capital


In a fresh round led by private equity firm Gaja Capital, Rs 96 crore ($14.7 million) has been raised by the small and medium enterprise Kinara Capital, which is a non-banking financial organization.

Michael and Susan Dell Foundation and Unitus Impact Fund, the existing investors, along with new investor, Spanish impact investment firm Gawa Capital took part in the fund raising.

AZB & Partners advised Michael and Susan Dell Foundation and the team included Rukmani Seth and Priyamvada Shenoy Cyril Amarchand Mangaldas advised Gaja Capital and the team was led by Partner Vandana Sekhri with Aditi Manchanda and Mahesh Wasadikar.

K Law acted for Gawa Capital whose team was led by Partner Sankar Swamy along with Associate Partner Aparnaa Bhalotia.

Indus Law acted for Kinara Capital and the team was led by Partner Suneeth Katarki with Mayukh Datta and Nikita Rajwade.

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