Trilegal, Khaitan, SAM, Jerome lead on NBFC Kogta Financial 300 crore fund raise
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Trilegal, Khaitan, SAM, Jerome lead on NBFC Kogta Financial 300 crore fund raise

Bar & Bench

Jaipur-based retail NBFC Kogta Financial (India) Ltd has raised 300 crores in Series C funding, led by private equity firm Creador along with Morgan Stanley Private Equity.

Trilegal advised Kogta Financial (India) and the team was led by Partner Kunal Chandra, along with Counsel Harshil Dalal, Senior Associate Akshat Shrivastava, and Associate Akriti Gupta.

Khaitan & Co acted for Creador and the team included Partner Monika Srivastava, Principal Associate Sanchit Agarwal, and Associate Abin Francis.

Shardul Amarchand Mangaldas advised Morgan Stanley Private Equity and the team was led by Partner Nivedita Tiwari, along with Senior Associates Nandini Seth and Rajashree Ravi, and Associate Stuti Bhatnagar.

Jerome Merchant + Partners acted for IIFL Seed Ventures Fund and the team included Partner Sameer Sibal and Associate Rishabh Amber Gupta.

The company offers financing for used and new commercial vehicles, cars and tractors, along with loans to MSME segment. It operates across Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Delhi, Punjab, Haryana and Uttar Pradesh.

IIFL Seed Ventures Fund was the first institutional investor in the company, reported Hindu Businessline.

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