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Khaitan, Rajaram act on Avail Finance $9 million fund raise from Matrix Partners
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Khaitan, Rajaram act on Avail Finance $9 million fund raise from Matrix Partners

Bar & Bench

Goddard Technical Solutions Private Limited, which operates the online fintech platform ‘Avail Finance’, has raised around $9 million in its Series A funding round led by Matrix Partners.

Khaitan & Co advised Avail, led by Partner Arun Scaria, Senior Associate Aniruddha Basu and Associate Sukhmani Singh.

Rajaram Legal advised Matrix Partners, led by Partner Prasad Subramanyan with Senior Associate Aakanksha Pagnis.

Avail Finance will use the funds to offer additional products like micro-savings and micro-insurance designed specifically for the blue-collar workers, reports VCCircle.