Deal Corner
April 09, 2018
Nexus invests in Namaste Credit

DEAL BRIEF

Namaste Credit received an investment of approximately USD 3.8 million from Nexus Venture Partners. Namaste Credit operates an online application based technology and data analytics platform that matches small & medium enterprises or individuals looking for financing with prospective lenders. Several leading NBFCs and lenders have registered with the Namaste Credit platform. Through the platform one can avail business or personal loans.

Press coverage relating to this transaction, is available at Livemint, here and at Economic Times, here.

OUR ROLE

We, at Nishith Desai Associates, acted as the Indian legal, tax and regulatory counsel to Nexus.


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.


Deal Corner

April 09, 2018

Nexus invests in Namaste Credit

DEAL BRIEF

Namaste Credit received an investment of approximately USD 3.8 million from Nexus Venture Partners. Namaste Credit operates an online application based technology and data analytics platform that matches small & medium enterprises or individuals looking for financing with prospective lenders. Several leading NBFCs and lenders have registered with the Namaste Credit platform. Through the platform one can avail business or personal loans.

Press coverage relating to this transaction, is available at Livemint, here and at Economic Times, here.

OUR ROLE

We, at Nishith Desai Associates, acted as the Indian legal, tax and regulatory counsel to Nexus.


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.