Deal Corner
September 11, 2024
NDA Represents Nuveen in Its Investment in Epimoney Private Limited

DEAL BRIEF


NCIF II Lux S.á.r.l. (“Nuveen”) has signed definitive documents to participate in the Series C Funding Round of Epimoney Private Limited, a non-banking financial company classified as an NBFC-ICC and commonly known as “Flexiloans”, along with other institutional investors Accion, The Fundamentum Partnership and Maj Invest.

Flexiloans is a digital lending platform offering collateral-free working capital loans to MSMEs through an online marketplace.


OUR ROLE


We at Nishith Desai Associates, acted as the regulatory, legal and tax counsel to Nuveen and advised Nuveen on structuring, due diligence review and documentation for the transaction.


Our Client


Nuveen is the global investment manager of Teachers Insurance and Annuity Association (“TIAA”), managing public and private assets worldwide. TIAA is one of the largest institutional investors in the world, with $1.2 trillion worth of global assets under management as of December 31, 2023.


DEAL TEAM


Nishchal Joshipura

Harshita Srivastava

Parina Muchhala


Compliance Team


Maulin Salvi

Darshna Negandhi


Media Coverage


www.vccircle.com/flexiloanssnags-35-mn-in-series-c-round-from-three-new-backers

economictimes.indiatimes.com/tech/funding/flexiloans-secures-rs-290-crore-in-funding-from-accion-fundamentum-others/articleshow/113234580.cms?from=mdr

www.moneycontrol.com/technology/fintech-firm-flexiloans-bags-rs-290-cr-in-series-c-funding-led-by-accion-nuveen-fundamentum-article-12818996.html

yourstory.com/2024/09/msme-lender-flexi-loans-rs-290-cr-series-c-funding-round

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

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Deal Corner

September 11, 2024

NDA Represents Nuveen in Its Investment in Epimoney Private Limited

DEAL BRIEF


NCIF II Lux S.á.r.l. (“Nuveen”) has signed definitive documents to participate in the Series C Funding Round of Epimoney Private Limited, a non-banking financial company classified as an NBFC-ICC and commonly known as “Flexiloans”, along with other institutional investors Accion, The Fundamentum Partnership and Maj Invest.

Flexiloans is a digital lending platform offering collateral-free working capital loans to MSMEs through an online marketplace.


OUR ROLE


We at Nishith Desai Associates, acted as the regulatory, legal and tax counsel to Nuveen and advised Nuveen on structuring, due diligence review and documentation for the transaction.


Our Client


Nuveen is the global investment manager of Teachers Insurance and Annuity Association (“TIAA”), managing public and private assets worldwide. TIAA is one of the largest institutional investors in the world, with $1.2 trillion worth of global assets under management as of December 31, 2023.


DEAL TEAM


Nishchal Joshipura

Harshita Srivastava

Parina Muchhala


Compliance Team


Maulin Salvi

Darshna Negandhi


Media Coverage


www.vccircle.com/flexiloanssnags-35-mn-in-series-c-round-from-three-new-backers

economictimes.indiatimes.com/tech/funding/flexiloans-secures-rs-290-crore-in-funding-from-accion-fundamentum-others/articleshow/113234580.cms?from=mdr

www.moneycontrol.com/technology/fintech-firm-flexiloans-bags-rs-290-cr-in-series-c-funding-led-by-accion-nuveen-fundamentum-article-12818996.html

yourstory.com/2024/09/msme-lender-flexi-loans-rs-290-cr-series-c-funding-round

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.