Deal Corners


Deal Corner June 26, 2015

SBI FMO invests in Satin Creditcare

Deal Brief

SBI FMO Emerging Asia Financial Sector Fund (“SBI FMO”) invested in Satin Creditcare Network Limited (“SCNL”) a leading microfinance institution in India. As part of this investment, SCNL issued a mix of shares and warrants to SBI FMO as well as SCNL’s promoters.

Our Role

We, at Nishith Desai Associates, acted as legal & regulatory counsel to SBI FMO.

SBI FMO is a specialist financial services fund which is sponsored by SBI Holdings, Japan (formerly known as Softbank Investments) and Netherlands Development Finance Company (FMO). The fund is managed by SBI Ven Capital, Singapore, an overseas private equity arm of SBI Holdings, Japan.

Mission and Vision

Distinctly Different


Lifecycle of India Focused Funds Conference
May 18, 2018

This event is over. For event material please click here

Round Table

Stressed M&A / PE in India: Evolving Structures and Trends
February 27, 2018

This event is over. For event material please click here

Want to work with us?


Inviting Top Talent for our Corporate, Funds and International Tax Practices

Strong credentials in Corporate Law (in particular M&A or Fund Investment), Fund Formation or International Tax? Now’s the time to apply. We’re looking for the industry's best talent with scope to do extraordinary work for the world’s best, marquee clients. Reach out for a great career in a great place!

Write to happiness(at)



Nishith Desai Associates 2013. All rights reserved.