Investment of Cool Japan Fund in Gojo & Company, Inc

  • Deal
  • March 17, 2023

JSA advised Cool Japan Fund, a Japanese public-private fund on its Series E equity investment of USD 23 million in Gojo & Company, Inc., a financial service providing company based out of Japan. JSA was involved in (i) due diligence of the Indian subsidiaries of Gojo & Company, Inc (i.e. Ananya Finance for Inclusive Growth Private Limited, Satya Microcapital Limited, Aviom India Housing Finance Private Limited, Frame Technology Marketing Service Private Limited), (ii) advising on the Indian law aspects in relation to impact of the transaction on Indian subsidiaries of Gojo & Company, Inc., which operate in regulated sectors and (iii) advising on the mitigating measures to be included in the transaction documents. Gojo & Company, Inc., acts as a financial service provider and is involved in the formalisation and growth of micro, small, and medium-sized enterprises. Eight years since its establishment, Gojo & Company, Inc., has been working in Cambodia, Myanmar, Sri Lanka, India and Tajikistan with USD 756 million Asset Under Management, 8,500+ employees, serving more than 1.5 million clients. Founded in 2013, Cool Japan Fund is a public-private government fund based in Tokyo, Japan that seeks to make minority investments in seed-stage, early-stage, later-stage companies for businesses across a variety of areas, including media & content, food & services, and fashion & lifestyle.

Our Transaction Team Comprised Lead Partner – Trisheet Chatterjee, Partner – Sarvesh Kumar Saluja, Associate – Kaishori Raut, and Associate – Neeral Jain.

Our Banking and Finance Team Comprised Partner – Nand Gopal Anand and Senior Associate – Harshit Dusad.