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Series B Investments in Faircent

ANM Global recently represented Gurgaon based P2P major Faircent.com, towards raising about Rs. 25 Crores in a Series B investment round from a cluster of investors.

The Corporate team at ANM Global, led by partner Shweta Tewari assisted Faircent in structuring the deal as well as drafting, vetting and negotiating the transaction documents.

The investment saw participation from prominent domain leaders such as Muthoot Fincorp, Das Capital, Starharbor Asia Pte. Ltd. as well as participation from existing shareholders, JM Financial, 3one4 Capital, M&S Partners Pte. Ltd. and Aarin Capital. This investment comes in the light of directions issued by the Reserve Bank of India for NBFCs that operate P2P lending platforms.