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.

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.

NDA Connect

Connect with us at events, 
conferences and seminars.

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.

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.