Investment Fund for Developing Countries (IFU) 
Dealstreet

Luthra advises IFU on its investment in Arohan Financial Services

Approximately ₹20.4 crores (Kr.166 million) was invested into Arohan.

Bar & Bench

Investment Fund for Developing Countries (IFU) invested in Arohan Financial Services Limited through primary issuance of equity securities in the Arohan.   

IFU through Danish SDG Investment Fund, a Danish public private partnership backed by pension funds and private investors, has invested approximately ₹20.4 crores (Kr.166 million) in Arohan. 

Luthra and Luthra Law Offices India acted for their long standing client IFU and assisted in reviewing, negotiating, and finalising all aspects of the transaction documentation from the stage of the term sheet till the execution of the transaction documents. 

The transaction team comprised of Avirup Nag (Partner), Sabrina Afroze (Partner), and Kashish Singhal (Associate). 

Arohan Financial Services is a leading microfinance institution in India spread across 15 states having a focus on low-income households that have limited or no access to formal financial institutions. 

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

Adani case was a name-and-shame indictment by Biden administration without realistic prospect of trial: US DOJ to Court

Commercial law monologues: Does the “group of companies doctrine” in Indian arbitration jurisprudence transcend party autonomy?

Ray-banned? Smart glasses, reels and the rulebook

Delhi Gymkhana Club member, staff move Delhi High Court against government’s eviction move

Kerala High Court rejects plea for CBI probe into attack on ED officers

SCROLL FOR NEXT