Samvad Partners | View firm profile
The Deal: Series A funding in Finbox.
Advisor: Samvad Partners
Client: Moshpit Technologies Private Limited (Finbox)
Deal Date: 24th June 2022
Deal Value: USD 15 million
Deal Description: Finbox, a Bengaluru based leading Indian fintech
company in the embedded finance space, raises $15 million (approx.) in
its Series A funding round from A91 Partners, Flipkart and Aditya Birla
Ventures and existing investor, Arali Ventures.
Advisory Role: Samvad assisted Finbox in end-to-end transaction
management, including review of term sheets, drafting and negotiation
of the Shareholders’ Agreement, Share Subscription Agreement and
Employment Agreement as well as other ancillary documents. We also
assisted Finbox in completion of conditions precedent related
documents and closure of the transaction.
Advisory Team: Ms. Aparna Ravi, Partner; Ms. Nikita Tanwar, Senior
Associate and Mr. Narayan Gupta, Associate
More Info: https://www.livemint.com/companies/news/finbox-raises-
15-million-in-round-led-by-a91-partners-11655743950296.html
https://timesofindia.indiatimes.com/business/india-business/finbox-
raises-15-million/articleshow/92336861.cms
https://yourstory.com/2022/06/funding-fintech-startup-finbox-seriesa-
a91partners/amp
https://www.vccircle.com/a91-partners-leads-15-mn-round-in-fintech-
startup-finbox