Slice Small Finance Bank has raised $100 million from a fundraise led by Neo Wealth, with participation from Kado Global, Moore Strategic Ventures, and Raise Financial, among other investors.
Trilegal advised Slice Small Finance Bank on this fundraise.
TT&A advised Neo Prime Fund, Neo Secondaries Fund and affiliated entities (collectively “Neo”) on this fundraise.
The transaction team consisted of Dushyant Bagga (Partner), Pooja Menon (Partner), Prerna Raturi (Senior Associate) and Aniya Damathia (Associate).
Sonam Mathur (Partner), Samriddha Gooptu (Senior Associate) and Saikishan Rathore (Associate) advised on competition law aspects.
DSK Legal advised and assisted Kado Capital Management, acting through KADO Global Fund H Partnership, on this fundraise.
The transaction team consisted of Mayank Mehta (Partner), Adwait Munje (Principal Associate) and Naina Lodha (Associate).
Hemang Parekh (Partner) provided strategic inputs in relation to the transaction.
The new capital injection arrives at a time when Slice has become profitable following its transformation into a digital bank.
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