TVS Capital Funds Limited, Faering Capital and A91 Emerging Fund’s Investment in Go Digit General Insurance Limited


Khaitan & Co advised TVS Capital Funds Limited, Faering Capital and A91 Emerging Fund in the deal.

TVS Capital Funds Limited, Faering Capital and A91 Emerging Fund invested in Go Digit General Insurance Limited by way of primary subscription of equity shares.

TVS Capital Funds Limited is a private equity and venture capital arm of TV Sundram Iyengar and Sons Limited specializing in early growth to late-stage, Pre-IPO, PIPE, buy-outs, carve-outs, synthetic start-ups, and mezzanine investments.

Faering Capital is a private equity and venture capital firm specializing in growth capital investments. It seeks to invest in companies based in India.

A91 Emerging Fund is a private equity fund which is backed by International Finance Corporation.

The Khaitan & Co team consisted of Partner Anuj Shah (Picture), Vinita Choudhury (Principal Associate), Harsh Khemka (Senior Associate), Srishti Mukherjee (Associate), Vasundhra Minocha (Associate), Tanvi Arora (Associate) and Vaibhavi Tadwalkar (Associate) with assistance from Anisha Chand (Partner), Soham Banerjee (Senior Associate) and Vasudhaa Ahuja (Associate) on Competition Law aspects of the transaction.

Involved fees earner: Vasudhaa Ahuja – Khaitan & Co.; Tanvi Arora – Khaitan & Co.; Soham Banerjee – Khaitan & Co.; Anisha Chand – Khaitan & Co.; Vinita Choudhury – Khaitan & Co.; Harsh Khemka – Khaitan & Co.; Vasundhra Minocha – Khaitan & Co.; Srishti Mukherjee – Khaitan & Co.; Anuj Shah – Khaitan & Co.; Vaibhavi Tadwalkar – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: A91 Emerging Fund ; Faering Capital ; TVS Capital Funds Limited ;

Author: Michael Patrini