JSA advised Lok Capital on its partial exit from Veritas Finance Pvt. Ltd
Lok Capital, one of the early investors in Veritas Finance Pvt. Ltd, sold part of its stake to Multiples Private Equity Fund III and Avendus Future Leaders Fund II. Veritas is a non-banking finance company catering to the underserved MSME financing market in semi-urban and rural geographies.
Veritas also raised primary investment in this investment round.
Deal Value: USD 145 million
Our transaction team comprised lead partner – Siddharth Mody and partner – Rahul Deodhar.
