ARCs look to pick up stressed loans left out of recast
Our Partner Aastha has been quoted in this edition of LiveMint on the suspension of IBC proceedings being extended. She is quoted as saying “With the suspension of fresh proceedings under IBC for defaults post-25 March and the other recovery options being time consuming, banks would see ARCs as a viable alternative."
- September 25, 2020
How SEBI’s guidance to an angel fund can impact entire AIF industry
Our Partner Adity Chaudhury 's paper has been extensively quoted in this article published by VCCircle, on SEBI 's recent informal guidance and its impact on the AIF industry.
- September 24, 2020
Significant Judgments On Arbitration And Conciliation Act, 1996 [May 2020 To July 2020]
A compilation of significant judgments on Arbitration and Conciliation Act, 1996 rendered by the courts for the period, May, 2020 to July, 2020. This compilation has been prepared by Arka Majumdar (Partner) and Kunal Dey (Associate).
- August 22, 2020
Enforcement of Foreign Arbitral Awards in India
Our Managing Associate, Somdutta Bhattacharyya shared his thoughts on ‘Enforcement of Foreign Arbitral Awards in India’. The Webinar was organized by LawSikho on July 4 and is now available at https://www.facebook.com/670747249721617/posts/2847623652033955/?sfnsn=wiwspmo&extid=uKK0mgRsV5HDRF4O&d=n&vh=i
LawSikho - July 04, 2020
Is IBC suspension antithetical to pandemic protection?
The article, written by our Managing Partner, Krishnava Dutt on “IBC Suspension: antithetical to pandemic protection", discusses why suspending IBC is counterproductive as restructuring will be the need of the hour. The article proposes that while adversarial action by creditors may be suspended, companies should be allowed to file applications under section 10 at least for their own restructuring. The article also recommends that the proposed pre-pack framework should be immediately introduced and section 29A must be suspended to allow promoters to participate in the restructuring.
The New Indian Express - May 26, 2020
The Failure of India's Yes Bank Poses Uncomfortable Questions
Our Managing Partner, Krishnava Dutt shares his views on Yes Bank restructuring and the question it poses to the banking sector in the interview in ALB Asia May 2020 edition.
ALB Asia - May 19, 2020
IBC: Retrospective Application of Revised Threshold- An Alternate Perspective
In the wake of the Covid-19 pandemic, to protect the interest of MSMEs, the Central Government had increased the threshold of default under Section 4 of IBC from Rs. 1 lac to Rs. 1 crore. The notification, which was issued on March 24, 2020, did not indicate whether the revised threshold would have any retrospective operation. There is a strong presumption of the prospective application of the notification, especially in view of the fact that, where legislature intended an amendment to have a retrospective effect, such retrospective effect have been specifically provided (See, recent amendment to Section 7 for instance). But can there be an alternate argument in favour of retrospective application of the revised threshold? This article has been contributed by Arka Majumdar (Partner).
Livelaw - May 05, 2020
Liquidation in Balance: A Critique of the Majority Decision of NCLAT in V. Padmakumar
The paper analyses NCLAT’s decision in V Padmakumar and argues that balance sheet would constitute acknowledgement for purpose of limitation, despite underlying statutory compulsion. This article has been contributed by Arka Majumdar (Partner) and Ayushi Jain (Associate).
Bar & Bench - May 02, 2020
‘Legal Implications of COVID-19 on Real Estate’
Our Managing Partner, Krishnava Dutt shared his insights on ‘Legal Implications of COVID-19 on Real Estate’. The webinar was organised by CREDAI on April 15. The webinar recording is now available at: https://lnkd.in/fwyD_mw (Access Password: E4@k?2!&)
- April 15, 2020
The Judicial Turmoil
The article 'The Judicial Turmoil' deals with the present challenges faced by judiciary in administration of justice due to COVID-19 and the methods adopted by judiciary to continue to impart justice in such testing times. This article has been contributed by Luckyraj Indorkar, Managing Associate (Designate).
Livelaw - April 08, 2020
Suchita Ambadipudi Joins as Partner
We warmly welcome Suchita Ambadipudi as a Partner in the Corporate Practice in our Bangalore office. Suchita brings with her over a decade of rich experience in corporate law. She is a graduate from NLSIU, Bangalore and holds a masters degree from the Columbia Law School, New York.
Bar & Bench - March 16, 2020
Yes Bank Restructuring
We have advised HDFC Limited on its proposed investment in Yes Bank. The investment is being done as per a scheme of reconstruction of Yes Bank Limited proposed in terms of section 45 of the Banking Regulation Act, 1949. The team comprised of Krishnava Dutt (Managing Partner), Adity Chaudhury (Partner), Ashish Patel (Associate) and Kshitija Naik (Associate).
Bar & Bench - March 14, 2020
CII Conference on Insolvency & Bankruptcy Code
Our Partner, Pooja Chakrabarti speaking on ‘Disputes, Challenges in Litigations & Managing Conflicts of Interest’ at the CII Insolvency & Bankruptcy Code Conference held in Kolkata on February 28, 2020.
- February 28, 2020
Conference on Acquisitions in Infrastructure
Our Partner, Adity Chaudhury, speaking on ‘Opportunities in Stressed Assets: Experience with IBC and NCLT’ at the Conference on Acquisitions in Infrastructure organized by the Indian Infrastructure magazine, held in Mumbai on February 25, 2020.
- February 25, 2020
Tree Planting Initiative
We are sponsoring and collaborating with Green Yatra to undertake long-term tree plantation drives. For proximate impact, we have decided to plant trees in cities where we have offices viz. Mumbai, Delhi, Bengaluru, Kolkata and Ahmedabad. In the first phase, we have planted 300 trees in Mumbai on January 30, 2020.
- January 30, 2020
How Confidential should Bank Inspection Reports be?
Our Managing Partner, Krishnava Dutt's article in Business Standard on “Whether RBI Bank Inspection Reports should be subject to RTI Disclosure”.
Business Standard - January 08, 2020
CII Governance Series with Keki Mistry
Our Managing Partner, Krishnava Dutt speaking at the CII Governance Series on 'Trends in Corporate Governance' at the Breakfast Session with Keki Mistry, Vice- Chairman & CEO HDFC Limited.
- January 08, 2020
CII Governance Series with Kalpana Morparia
‘’All directors whether executive or non executive have the primary obligation of a fiduciary and every action must be aligned with that principle.” Our Managing Partner, Krishnava Dutt sharing his insights at the Breakfast with CEO CII Governance Series with Guest Speaker Kalpana Morparia, Chairman, South and Southeast Asia, JP Morgan.
- December 13, 2019
The A-List 2019: India’s Top 100 Lawyers
We are extremely pleased to announce that our Managing Partner, Krishnava Dutt, has been recognised as one of the Top 100 Lawyers in India Business Law Journal’s The A List 2019.
- November 15, 2019
JVA between Tennants Textile Colours Limited and Asahi Songwon Colors Limited
We represented Tennants Textile Colours Limited, a British company, in its joint venture negotiations with Asahi Songwon Colors Limited, a listed Indian entity. A JV agreement was signed on October 22, 2019 and a disclosure made to the stock exchanges immediately thereafter.
- October 28, 2019
ASSOCHAM National Summit on Non-banking Finance Companies 2019
Our Partner, Aastha sharing her insights during a panel discussion on ‘Resolution of NBFCs’ at the ASSOCHAM National Summit on Non-banking Finance Companies 2019.
- October 17, 2019
CII Mergers Acquisitions & Restructuring Summit 2019
Our Partner, Adity Chaudhury speaking during a panel discussion on 'IBC and M&A in Distressed Assets Space' at the CII Mergers Acquisitions & Restructuring Summit.
- September 27, 2019
CII Mergers Acquisitions & Restructuring Summit 2019
Our Managing Partner, Krishnava Dutt sharing his insights on various legal developments at the CII Mergers Acquisitions & Restructuring Summit with Koushik Chatterjee from Tata Steel Limited, Manish Mohan Govil from Competition Commission of India and Robin Banerjee from CII.
- September 26, 2019
IFLR India M&A Forum
Our Managing Partner, Krishnava Dutt moderating a session on “The Rise of Shareholders Activism” at the IFLR India M&A Forum with Kanchinadham Parvatheesam from Tata Steel, Mrinal Chandran from India Resurgent Fund and our Partner, Adity Chaudhury.
- September 17, 2019
SAT sets aside SEBI order in PricewaterhouseCoopers / Satyam Case
We have successfully defended the erstwhile partners of PWC before the Securities Appellate Tribunal, challenging the order passed by SEBI in the matter of Satyam Computers.
Bar & Bench - September 09, 2019
ASSOCHAM National Summit Asset Reconstruction 2019
Our Managing Partner, Krishnava Dutt speaking at the inaugural session of the ASSOCHAM National Summit on Asset Reconstruction 2019 on various legal issues in enforcement and restructuring.
- August 23, 2019
Fundamentals of Financing Transactions
Our Partner Aastha, conducting a session on 'Fundamentals of Financing Transactions' at the Chanakya National Law University, Patna.
- August 03, 2019
Jawaharlal Nehru University | Summer School on the Insolvency and Bankruptcy Code, 2016
Our Partner, Adity Chaudhury teaching at the Summer School on Insolvency and Bankruptcy Code at the Jawaharlal Nehru University, New Delhi.
- July 04, 2019
India Disputes Conference
Our Senior Partner, Abeezar Faizullabhoy speaking at the India Disputes Conference held in London on 26th and 27th June, 2019 on the ‘Commercial Courts in India’.
- June 26, 2019
Maneesha Kongovi Joins as Partner
We warmly welcome Maneesha Kongovi, who joins us as a Partner in the Disputes Practice, along with her team Shivabhushan S. Hatti, Anusha Chatra and Yamini Harish in our Bengaluru office.
Bar & Bench - June 19, 2019
CESC Ventures to pick up majority stake in Herbolab
We advised Herbolab India Private Limited, a manufacturer of Ayurvedic medicines and products under the brand name “Dr. Vaidya’s”, and its promoters, with regards to CESC Ventures’ (a part of the Sanjiv Goenka-owned RP-Sanjiv Goenka Group) acquisition of 64.63% stake in Herbolab India Private Limited.
Legally India - June 10, 2019
Data Science Startup TheMathCompany raises Funding from Arihant Patni
We advised TheMathCompany and its promoters in its capital raise from venture capitalist, Arihant Patni.
Bar & Bench - May 30, 2019
Indian Arbitration Forum
We are pleased to announce that our Partner, Soorjya Ganguli, has been recognized as a member of the team that drove the process of preparing ‘The Indian Arbitration Forum Best Practices Guidelines for Conduct of Arbitral Proceedings’ (‘IAF Guidelines’). The Indian Arbitration Forum is an association of leading arbitration practitioners committed to streamlining the conduct of arbitration in India and promoting arbitration as an effective means of dispute resolution in India and abroad.
- May 18, 2019
Vinod Joseph Joins as Partner
We welcomes Vinod Joseph as Partner in the Corporate Practice at our Mumbai office. Vinod brings two decades of rich experience in corporate law and private equity. He is a graduate from NLSIU Bangalore and holds a masters degree from the London School of Economics.
Legally India - April 25, 2019
ICC Conference on IBC
Krishnava Dutt moderating a panel at the Indian Chamber of Commerce conference in Kolkata on IBC - Challenges, Learnings & Way Forward.
- March 09, 2019
IFLR Asia M&A Forum 2019
Our Managing Partner, Krishnava Dutt and Partner, Aastha speaking at the IFLR M&A Forum in Hong Kong on Distressed M&A
- March 06, 2019
Asian Legal Business India In-House Legal Summit 2019
We are pleased to have presented a session on “Corporate Frauds and Governance” at the Thompson Reuters ALB Legal Summit, 2019 which was moderated by our Managing Partner, Krishnava Dutt. We thank Sudhir Jha (Head Legal HDFC), Pramod Rao (Group General Counsel, ICICI Group), Shuva Mandal (Group General Counsel, Tata Sons) and Samir Paranjpe (Partner Risk, Grant Thornton) for participating in our session and enriching the session with their insightful deliberation.
- February 27, 2019
Knowledge Forum on Insolvency and Bankruptcy Code
Our Partner, Soorjya Ganguli, speaking at the NeSL Knowledge Forum on IBC.
- February 21, 2019
VCCircle LP summit Stressed Assets
Our Managing Partner, Krishnava Dutt moderating a session on the Insolvency and Bankruptcy Code and its impact on the infrastructure sector.
- February 14, 2019
Global Credit Cycle - Bankruptcies And Defaults
Our Partner Aastha speaking at the panel discussion organised by ASSOCHAM on a 'Face To Face Interaction With Prof. Edward I. Altman on bankruptcies and defaults'.
- February 08, 2019
Former JSA, HSA Partner Abeezar E. Faizullabhoy joins Argus Partners with Team
We warmly welcome Senior Partner Abeezar E. Faizullabhoy, Partners Shahen Pradhan and Murtaza Kachwalla, Senior Associates Prateek Katewa and Aashdin Chivalwala and Associate Karishma Motla to our Mumbai office.
Legally India - February 05, 2019
Stressed Assets Investment Summit
Our Managing Partner, Krishnava Dutt moderating a session on 'Stressed asset resolution outside IBC' at the VCCircle Stressed Asset Investment Summit 2019.
- January 30, 2019
Fundraising for Deeptech Startups
Our Senior Partner, Siddharth Raja chaired and moderated a session at the “Fundraising for Deeptech Startups” programme at IIT Madras Research Park, Chennai organised by TiE Chennai on Thursday, 24th January 2019. Argus Partners was the event's Knowledge Partner.
- January 24, 2019
Merger of GRUH Finance with Bandhan Bank
Argus Partners acted as the legal advisors to Gruh Finance Limited in the proposed merger with Bandhan Bank Limited.
Bar & Bench - January 08, 2019
Blowing the whistle
Our Partner, Arka Majumdar, commenting on the HR Policies of sexual harassment in IBLJ.
Vantage Asia - January 02, 2019
DMG MORI acquires stake in INTECH
We recently advised InTech DMLS and its promoter, Mr. Sridhar Balaram, in connection with a strategic investment by DMG Mori.
Economic Times - December 07, 2018
The A-List 2018: India’s top 100 lawyers
We are pleased to announce that our Managing Partner Krishnava Dutt, has been identified among the A list top 100 lawyers for 2018 by IBLJ.
Vantageasia - November 23, 2018
DeTect Technologies raises $3.3M from SAIF Partners
We recently advised a Chennai based robotics start-up Detect Technologies in their Series A fund raise from SAIF Partners.
Economic Times - November 20, 2018
Leadership Development In Aviation
Our Senior Partner, Siddharth Raja delivering a lecture on "Effective Customer Contracts & Agreements" at the Indian Institute of Management, Bangalore.
- November 01, 2018
The India Economic & Law Summit, 2018
Our Managing Partner Krishnava Dutt, receiving Leadership Excellence Award for contributions in Restructuring and Distressed Assets Practice. The award was presented by former Chief Justice of India, Deepak Misra.
- October 26, 2018
The Roles and Responsibilities of Journalists and the Law
Our Senior Partner, Siddharth Raja addressing journalism students at the National School of Journalism, Bangalore on 'The Roles and Responsibilities of Journalists and the Law'.
- October 26, 2018
5th National Summit Non - Banking Finance Companies (NBFCs) 2018
Our Managing Partner Krishnava Dutt, speaking at the panel discussion on Creating a Scalable and Profitable NBFC, at ASSOCHAM's 5th National Summit – Non Banking Finance Companies (NBFCs) 2018.
- October 11, 2018
M.K. Shah exports seen buying McLeod Russel tea estates
We advised M K Shah Exports Limited for acquisition of certain specified assets of McLeod Russel India Limited, being the estates and bearer plants and other assets comprised in eight tea estates located in the State of Assam.
Hindu Business Line - September 28, 2018
M&A - Key Legal Dimensions & Aspects
Our Senior Partner, Siddharth Raja delivering a lecture on ‘The Key Legal Dimensions and Aspects of M&A’ at the Indian Institute of Management, Bangalore.
- September 27, 2018
Tata Steel acquisition of Usha Martin
Argus Partners advised Tata Steel in the proposed acquisition of the steel business of Usha Martin.
Bar & Bench - September 23, 2018
Iba - Ecotrail Personal Care Private Limited raises INR 150 million in Series A1 funding from Addvantis Enterprises, LLP
We acted as transaction counsel for Series A1 fund raise for Iba - Ecotrail Personal Care Private Limited from Addvantis Enterprises, LLP.
Economic Times - September 20, 2018
Key Takeaways from SC verdict on Power NPAs | Amicus Curiae
Our Managing Partner, Krishnava Dutt on Amicus Curiae on ET Now on the power sector NPAs and the NCLAT Essar Steel order in section 29A.
ETNow - September 17, 2018
Cross Border M&A in India: Key Developments & Implications
Our Senior Partner, Siddharth Raja delivering an address on "Cross Border M&A in India: Key Developments & Implications" at the national workshop organised by Christ University's School of Law, Bengaluru.
- September 14, 2018
NCLAT Essar Steel order on Numetal and Arcelor
Our Managing Partner, Krishnava Dutt on ETNow on a live panel discussion on NCLAT Essar Steel order.
ETNow - September 07, 2018
CII Mergers and Restructuring Summit 2018
Our Managing Partner Krishnava Dutt, speaking at the CII Mergers and Restructuring Summit 2018 on the future of distressed M&A in India.
- August 31, 2018
News Corp VCCircle FinServ 2018
Our Managing Partner Krishnava Dutt, speaking at the NewsCorp VCCircle, FinServ 2018 at the panel discussion on ‘Bank's adversity, NBFC's advantage’
- August 28, 2018
HDFC acquisition of stake in Good Host
Argus Partners advised Housing Development Finance Corporation Limited in its acquisition of 25.01% (twenty five point xero one percent) stake in Goldman Sachs-backed student housing company, Good Host Spaces Private Limited.
Bar & Bench - August 27, 2018
Mauritius based PE firm FidelisWorld invests in Wildcraft
Argus Partners advised Wildcraft in the recent investment in it by FidelisWorld, a Mauritius based fund.
Bar & Bench - August 09, 2018
4th National Summit Bankers Borrowers Business Meet 2018
Our Partner, Aastha speaking at the panel discussion on the impact of recent policy reforms, including the Insolvency and Bankruptcy Code, at ASSOCHAM's 4th National Summit - Bankers Borrowers Business Meet 2018.
- August 09, 2018
Corporate Governance in Service Industry
Our Partner, Arka Majumdar, speaking at a seminar on Corporate Governance in the Service Industry organised by the Indian Chamber of Commerce, held at the ICC Auditorium in Kolkata
- July 21, 2018
NCLT approves Monnet Ispat Resolution Plan
Argus Partners advised the Resolution Professional of Monnet Ispat, Mr. Sumit Binani (supported by Grant Thornton).
Bar & Bench - July 18, 2018
Indo-Belgian-Luxembourg Chamber of Commerce & Industry
Our Managing Partner Krishnava Dutt, discusses the impact of GDPR to Indian business houses at the panel discussion of Indo-Belgian-Luxembourg Chamber of Commerce & Industry.
- July 13, 2018
Lex Witness - India's 1st Magazine on Legal & Corporate Affairs
Our Partner Adity Chaudhury was part of a panel discussion on the Insolvency and Bankruptcy Code at The 5th Annual Banking & Finance Legal Summit 2018 by Lex Witness.
- July 06, 2018
Annual Horasis India Meeting in Spain
Our Managing Partner, Krishnava Dutt spoke at the Annual Horasis India Meeting in Spain co-hosted by CII, on foreign investments into India and the impact of the Insolvency and Bankruptcy Code. The 2018 Horasis India Meeting explored Indian firms' rise to global eminence while debating how to grow India's economy rapidly and sustainably.
- June 24, 2018
Krishnava Dutt: A lawyer who understand the clients’ business
Insight Success, in their recent publication featured our Managing Partner, Krishnava Dutt amongst the ‘10 most admired lawyers in India’.
Insight Success - May 29, 2018
SC asks CEC to respond to FIMI’s plea for exporting iron ore pellets
Our Disputes Partner Aditya Narayan appeared for the Federation of Indian Mineral Industries. The Supreme Court has asked the Central Empowered Committee to respond to a plea made by the Federation of Indian Mineral Industries (Southern chapter) for permission to export pellets produced in Karnataka's Ballari, Chitradurga and Tumakuru districts.
Deccan Herald - May 14, 2018
Argus Partners advises TR Capital in Flipkart exit
Argus Partners assisted TR Capital in the successful exit of its investment in Flipkart Limited via a share buyback conducted by the company that valued the company overall at US$ 20 BN, in the context of the Walmart deal.
Legally India - May 11, 2018
TR Capital invests further in Lenskart
Argus Partners has advised TR Capital III, a Mauritian private equity player, in connection with the purchase of shares of Lenskart Solutions Private Limited from existing shareholders of the company.
Barandbench - April 22, 2018
Krishnava Dutt, Managing Partner on ET Now
Krishnava Dutt, Managing Partner, discussing the key takeaways from the order of the NCLT in the Essar Steel matter for IBC Stakeholders on ET Now (Amicus Curie)
ET Now | YouTube - April 20, 2018
Indian Law Firm Awards
Argus Partners identified amongst the Top Law Firms of the year 2017-18 in the ‘Corporate Commercial’ category by the India Business Law Journal.
Vantageasia - March 16, 2018
What is keeping investors away from buying into stressed assets?
Panel discussion on ‘The Stress in Stressed Assets’ at the recently held VCCircle India LP Summit 2018 powered by Argus Partners & moderated by Krishnava Dutt. The panel consisted of Mr. Koushik Chatterjee (Executive Director and CFO, Tata Steel), Mr. Harish Chander (Executive VP, Edelweiss Financial Services), Mr. Parth Gandhi (Managing Director, AION India Investment Advisors) and Mr. Sharad Bhatia (Managing Director, Multiples Alternate Asset Management).
VCCircle - March 14, 2018
Argus, Themis act on MedGenome Labs $10 million fund raise from HDFC
Argus Partners advises HDFC Limited, HDFC Standard Life Insurance Company Limited and HDFC Asset Management Company Limited on an investment by them in MedGenome Labs Limited, a genetics diagnostics firm.
Barandbench - March 09, 2018
Most significant deals of 2017 and the law firms behind them
India Business Law Journal recognises Argus Partners with Deal of the Year Award in 2017 for the Firm’s work in advising Edelweiss in connection with the strategic debt restructuring of Adhunik Power and Natural Resources Limited.
Vantageasia - February 02, 2018
The A-List 2017: India’s top 100 lawyers
India Business Law Journal identifies Krishnava Dutt as one of India’s top 100 lawyers in the A-List 2017.
Vantageasia - December 08, 2017
Argus, Dhaval Vussonji assist KKR India Asset Finance on $19m loan to Omkar
Argus Partners advises KKR India Asset Finance Private Limited in connection with a credit facility of Rs. 125 crore provided by it to Accord Builders, a part of the Omkar Realtors group. The funds are to be utilised for construction and development of two residential projects in Mumbai.
Legally India - November 20, 2017
Argus, Lexygen act on Datasigns Technologies $1.5 million fund raise
Argus Partners advises Datasigns Technologies Pvt. Ltd., in connection with a pre-series A funding of USD 1.5 mn from SRI Capital, BeeNext and Pravega Ventures India.
Barandbench - September 14, 2017
Argus, JSA on Rs 400 crore Multiples investment in PeopleStrong
Argus Partners advises Peoplestrong HR Services Private Limited (“PeopleStrong”) and its promoters on an investment in it by Multiples Private Equity Fund II LLP and Plenty Private Equity Fund I Limited (“Multiples PE Fund”). Argus has also advised some of the selling shareholders including HDFC Holdings Limited on the sale of their stake in the company to Multiples PE Fund. PeopleStrong is a HR outsourcing and technology firm. Multiples PE Fund has invested through a combination of primary and secondary investments. This is one of the largest deals in the HR technology industry, both in size and scope.
Legally India - April 06, 2017
Milk Mantra raises USD 10mn to expand operation in east India
Argus advised Odisha-based dairy firm Milk Mantra in connection with the raising of Rs. 66.5 crore in the latest round of funding led by Neev Fund, along with existing investors Eight Roads Ventures and Aavishkaar.
Barandbench - February 07, 2017
Most significant deals of 2016 and the law firms behind them
India Business Law Journal recognises Argus Partners with Deal of the Year Award 2016 in the category ‘Mergers & Acquisitions’, for the Firm’s work in advising HDFC Limited on the acquisition of L&T General Insurance by HDFC ERGO General Insurance.
Vantageasia - January 28, 2017
Utkarsh Micro Finance raises $60 mn from RBL Bank, Faering Capital and others
Argus Partners advises Arpwood Capital on its investment into Utkarsh Micro Finance Private Limited. Utkarsh is one of the 10 non-banking financial companies that received a licence for a small finance bank. Utkarsh has raised Rs. 395 crore from several domestic institutional investors including Arpwood Capital.
VCCircle - September 30, 2016
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