IndusLaw Deal report (Sarvagram)

Our Firm advised and represented SarvaGram and Elevar in relation to investment of USD 35 million into SarvaGram by Temasek, TVS Capital Funds, and existing investors, Elevar and Elevation Capital [1].

Deal value- USD 35 million (approx.)

INDUSLAW Team-

For SarvaGram- Mayukh Datta (Partner), Stuti Agarwal (Principal Associate), Khushnum Motafram (Associate), Akshay Marathe (Associate)

For Elevar – Rashi Saraf (Partner), Keshav Vijayan (Senior Associate), Gourav Girish (Associate)

Other law firms involved-

Temasek – JSA

TVS – Khaitan & Co

[1] https://economictimes.indiatimes.com/tech/funding/fintech-startup-sarvagram-raises-35-million/articleshow/96706203.cms

https://timesofindia.indiatimes.com/business/startups/companies/fintech-startup-sarvagram-raises-35-million/articleshow/96706504.cms

https://inc42.com/buzz/lending-startup-sarvagram-raises-35-mn-funding-round-to-expand-offline-presence/

https://www.thehindubusinessline.com/companies/sarvagram-raises-35-million-series-c-from-elevar-equity-tvs-capital-funds-others/article66332910.ece