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AYE Finance has raised Rs 233.62 crore in a series D equity funding from led by New York-based hedge fund, Falcon Edge. The round was also participated by LGT Capital, Capital G and MAJ Invest Financial Inclusion Fund, the Gurugram-based firm.
IndusLaw acted for AYE Finance and LGT Capital and the team was led by Partners Suneeth Katarki and Pallavi Kanakagiri along with Associates Rahul Tiwari and Kriti Gangwar.
Goodwin Procter represented Falcon Edge.
J. Sagar Associates represented CapitalG and team comprised Partners – Probir Roy Chowdhury and Vishnu Nair and Associates – Yajas Setlur and Kavya Katherine Thayil.
While Falcon Edge infused in Rs 155.53 crore in the company, Capital G, LGT Capital and MAJ Invest infused Rs 33.32 crore, Rs 29.2 crore and Rs 15.57 crore respectively, reported Business Standard.