Mar 08, 2024

Advent International, the lead investor, in the proposed investment of US$ 230 million in Ananya Birla’s Svatantra Microfin

AZB & Partners acted for Advent International, the lead investor, in the proposed investment of US$ 230 million in Ananya Birla’s Svatantra Microfin, which marks the largest private equity investment in India in the microfinance space. Multiples is also a co investor in this deal.

Our deal team comprises of our Senior Partner Vaidhyanadhan Iyer, Partner Jeet Chaudhuri, Senior Associate Sameer Raina, Associates Sana Nagar, Priyasha Goyal and Avani Laad. They were supported on the due diligence aspects by our Partner Bhargavy Ramesh, Associates Avani Jain, Riddhi Tulshian, Shivam Gupta, Isana Laisram, Prachi Kulkarni, Akshay Luhadia and Arnav Singh; and on competition law aspects by our Partner Bharat V Budholia, Senior Associate Vayshnavi Ganesh and Associate Shivangi Pradhan.

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