Deal Corner
January 01, 2000
andstone Investment Partners I and ICP Holdings I, and Kismet SKS II have made an aggregate investment of US $75 million in SKS Microfinance Private Limited

DEAL BRIEF

World's Largest Investment in Micro-finance

Sandstone Investment Partners I ("Sandstone"), ICP Holdings I (part of the Silicon Valley Bank group) ("ICP"), and Kismet SKS II have made an aggregate investment of US $75 million (approximately INR 3.66 Billion) in SKS Microfinance Private Limited ("SKS"). This financing round was led by Sandstone, an India focused fund.

The investment into SKS has been quoted to be the largest private equity investment in the microfinance sector in the world.

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel for Sandstone as well as ICP in this transaction.

To know more, see:

 


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Deal Corner

January 01, 2000

andstone Investment Partners I and ICP Holdings I, and Kismet SKS II have made an aggregate investment of US $75 million in SKS Microfinance Private Limited

DEAL BRIEF

World's Largest Investment in Micro-finance

Sandstone Investment Partners I ("Sandstone"), ICP Holdings I (part of the Silicon Valley Bank group) ("ICP"), and Kismet SKS II have made an aggregate investment of US $75 million (approximately INR 3.66 Billion) in SKS Microfinance Private Limited ("SKS"). This financing round was led by Sandstone, an India focused fund.

The investment into SKS has been quoted to be the largest private equity investment in the microfinance sector in the world.

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel for Sandstone as well as ICP in this transaction.

To know more, see:

 


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.