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Consumer lending startup ZestMoney has raised $15 million in a round led by Goldman Sachs (together with other investors viz. Naspers Fintech, Quona Capital and Flourish/Omidyar Network).
Shardul Amarchand Mangaldas advised Goldman Sachs as Indian legal counsel and the team was led by Partner Mithun V. Thanks, along with Principal Associate Anjali Menon, Senior Associate Gaurav Dugar, and Associates Nirav Punjani and Sangeetha Ganesh.
Partner Veena Sivaramakrishnan with Senior Associate Dhananjai Charan, and Associate Simant Satapathy were also extensively involved in advising on the banking and finance related aspects of the transaction.
Mukul Baveja, Partner, provided inputs on specific intellectual property related aspects. Kirti Mahapatra, Principal Associate, provided inputs on specific regulatory aspects.
Hogan Lovells International LLP represented Goldman Sachs on the transaction
Tatva Bangalore office acted for Quona Capita with a team led by Partner Manav Nagaraj along with Bhargava KS and Narayanan.
AZB & Partners and Cooley LLP represented Zestmoney.
The AZB team was led by Partner Anu Tiwari along with Aditya Alok.