Trilegal advised tech-enabled lender InCred when it entered into an agreement with global investor KKR to combine its retail non-banking finance business, InCred Financial Services, with KKR India Financial Services (KIFS) and form InCred Finance.
AZB & Partners advised KKR, while Argus Partners advised OAKS Asset Management, an existing shareholder of InCred Financial Services.
The deal was announced on 20 August and is expected to be finalised in the fourth quarter of 2021.
Trilegal’s team was led by partner Kunal Chandra, and included counsel Kabeer Mathur, senior associate Shraddha Jha and associates Abhinav Hansaraman, Aditya Nandakumar, Chandni Ochani, Debarati Sengupta, Kunal Paleja, Paridhi Khulbe and Sweta Mohanty. A team from the firm’s corporate governance and compliance practice also assisted.
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