KredX’s $26 Million Series B Financing Round


AZB & Partners advised Internet Fund V Pte Ltd on the deal.

KredX raised $26 million (approx. Rs 187 crore) in a Series B fund raise led by Tiger Global Management, along with participation from existing investor, for a minority stake in the company.

KredX aims to help businesses in gaining quick access to working capital and in providing investors with a chance to earn high returns at low risks.

The AZB & Partners team was led by partners Ashwath Rau (Picture), Srinath Dasari, Nanditha Gopal and senior associate Gautam Rego.

Involved fees earner: Srinath Dasari – Azb & partners; Nanditha Gopal – Azb & partners; Ashwath Rau – Azb & partners; Gautam Rego – Azb & partners;

Law Firms: Azb & partners;

Clients: Internet Fund V Pte Ltd;

Author: Michael Patrini