JSA represented UC Inclusive Credit Private Limited (“UCIC”) in its Series A fundraise. UCIC is an impact-focused non-banking finance company with headquarters in Bengaluru. UCIC provides debt and structured finance products to entities whose scope of operations includes areas of financial inclusion (including micro-financial institutions, MSME, and SME finance), financial technology, healthcare, agriculture, education, renewable energy and women empowerment. The lead investor in this round was Insitor Impact Asia Fund II.
In addition to negotiating and finalizing the transaction documents, and assisting with the closing, JSA also advised on various other facets of this transaction, including providing inputs to the existing investor – Aarin Capital Partners and assisting Unitus Capital Mauritius (the majority shareholder) with its internal agreements.
Incoming lead investor Insitor Impact Asia Fund II was represented by Anoma Legal.
Our Transaction Team Comprised Lead Partner – Gerald Manoharan, Partner – Manuel Jose, and Senior Associate – Manas Ingle.
Gerald (Jerry) has over 20 years of experience as a corporate commercial lawyer and has worked with several clients on diverse matters, including investments, corporate advisory, restructuring, mergers and acquisitions, contracting, dispute advisory and real estate.