Khaitan, Touchstone act on Rajadhiraja Limited making ~$56 million stake acquisition in IKF Finance

Rajadhiraja Limited (Creador VI L.P.) has made a ~$56 million acquisition of an 11.8% stake in IKF Finance Limited from Accion Digital Transformation Fund, L.P. and Teachers Insurance and Annuity Association of America.

Khaitan & Co advised Rajadhiraja on this transaction. The Firm's scope of work included conducting a legal due diligence on IKF Finance Limited; and deal structuring, negotiation and finalisation of the transaction documents along with closing of the transaction.

The core transaction team consisted of Monika Srivastava (Partner), Sanchit Agarwal (Partner), Chirag Mangal (Senior Associate), Prerna Kapur (Senior Associate), Gopal Gour (Associate) and Shubhang Upadhyay (Associate) with assistance from Pulkit Chaturvedi (Principal Associate) and Jubin Jay (Senior Associate) on the due diligence aspects.

Touchstone Partners advised IKF Finance Limited and the promoters on this transaction.

The transaction team consisted of Pranay Bagdi (Partner), Associates Viraj Vaidya and Neelima Hande.

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