J. Sagar Associates (JSA) advised Amicus Capital in their investment in Berar Finance Limited (Berar).
Berar runs a two-wheeler-focussed financing unit. The Nagpur-based company will use the funds to expand its branch network, diversify its product offerings, achieve its growth targets and lower the cost of borrowings. The funding marks the first institutional capital infusion into Berar. Apart from two-wheeler loans, Berar also provides financing for used cars and commercial vehicles as well as personal loans.
JSA team comprised Partners – Vikram Raghani and Bir Bahadur Singh Sachar, Senior Associate – Abhilash Chandran and Associates – Abhra Arora, Ankit Kumar and Harman Khorana.
Bir is a member of JSA’s Corporate and Finance practice. He specialises in mergers & acquisitions (both listed and unlisted) and private equity (both listed and unlisted).