Exclusive financial advisor to CashKaro for their Series C fund raise

Deal Highlights:

  • We successfully advised CashKaro on securing Series C fund raise led by Affle Global Pte. Ltd.
  • Investment will be used for growth, scaling of business & operations, brand building and hiring new talent
  • The deal further strengthens our ability to provide best-in-class advisory services to new-age internet companies

About CashKaro:

  • CashKaro is India’s largest cashback and deal discovery platform in the growing e-commerce and D2C space
  • Company has a partner base of 1,500+ retailers and 20mn+ registered users
  • Founded in 2013, it is backed by marquee investors like Kalaari Capital, Ratan Tata & Korea Investment Partners

Exclusive financial advisor to Kinara Capital for its successful equity fund raise

Deal Highlights:

  • We successfully advised Kinara on its fresh equity round led by British International Investment, the UK’s development finance institution and impact investor with investments in over 1,300 businesses and total assets of £7.7 billion, with participation from existing investors Nuveen & Triple Jump’s AMP Fund
  • This equity investment will aim to propel Kinara Capital to grow 5x by 2025 and reach an AUM of INR 60,000 million by democratizing access to formal financial inclusion with its myKinara App

About Kinara Capital:

  • Kinara Capital is a fast-growing fintech propelling financial inclusion of small business entrepreneurs in India
  • One of the few Companies that has delivered growth, profitability & resilience despite multiple economics shocks over the past 7 years
  • Kinara offers both a fully digital process with its vernacular-friendly myKinara app and doorstep customer service with 125 branches serving small business entrepreneurs across 100+ cities in India
  • Powered by advanced use of AI/ML, the company’s app can process a loan application & disburse within 24-hours
  • Headquartered in Bangalore, Kinara Capital is qualified as a Systemically Important NBFC by the Reserve Bank of India, Kinara Capital is a debt-listed entity on the Bombay Stock Exchange (BSE)

Exclusive financial advisor to Kinara Capital for its successful equity fund raise

Deal Highlights:

  • We successfully advised Kinara on its fresh equity round led by Nuveen, a leading global investment manager with over USD 1.3 tn of assets under management, with participation from Triple Jump, a Dutch impact-focused investment manager
  • Kinara would use the capital raised to fuel its growth. As it aims to grow by 500% by 2025 with plans to disburse INR 10,000 crores of MSME business loans in the next three years

Our Contribution:

  • We acted as the exclusive financial advisor to Kinara Capital in the transaction
  • We played a pivotal role in highlighting the investment thesis, marketing, structuring, valuation & executing the transaction
  • Ensured a successful completion despite covid induced sector headwinds
  • End to end handholding and guidance on all transaction related matters till closure

About Kinara Capital:

  • Kinara Capital is a fast-growing fintech propelling financial inclusion of small business entrepreneurs in India, the company is globally recognized for disrupting MSME financing
  • One of the few Companies that has delivered growth, profitability & resilience despite multiple economics shocks over the past 7 years

Exclusive Financial Advisor to Epack Durable for Private Equity Fund Raise from ICICI Venture

Deal Highlights:

  • The deal involves a private equity investment by ICICI Venture in Epack Durable Private Limited (Epack) for a minority stake
  • Epack would use the funds raised to expand existing manufacturing facilities and set up new greenfield manufacturing plants
  • The transaction reaffirms strong investor interest in the ‘Make-in-India’ theme
  • The deal further strengthens our IB’s Industrials franchise and once again demonstrates our ability to close marquee deals for quality clients, independent of the market environment

About Epack:

  • Epack is India’s 2nd largest ODM/OEM manufacturer of Air Conditioners and a leading manufacturer of Small Home Appliances including Induction Cooktop, Juicer Mixer Grinder and Water Dispenser

Our Contribution:

  • As the Exclusive Financial Advisor, we played a critical role in highlighting the investment thesis, marketing, structuring and executing the transaction to meet objectives of all the stakeholders

Exclusive Financial Advisor to SS Supply Chain Solutions Private Limited