Cyril Amarchand Mangaldas advised Hiranandani Financial Services Private Limited and its founders, Harsh Hiranandani and Neha Hiranandani, in their debut equity investment round. Vitruvian Partners invested INR 800 crores in HFS, a non-banking financial company engaged primarily in the business of providing secured loans against property.
The transaction team was led by Vandana Sekhri, Partner; and Aditi Manchanda, Partner; with assistance from Naimi Kamdar, Principal Associate, Anukriti Bhattad, Senior Associate; and SB Aditi, Associate.
The vendor due diligence team was led by Aditi Manchanda, Partner; with support from Naimi Kamdar, Principal Associate, Deepjoyika Dastidar, Senior Associate; Lokit Khurana, Senior Associate; Anukriti Bhattad, Senior Associate; Kabeer Jay, Associate; Kanishka Iyer, Associate; Rishi Rathod, Associate; and Shivendra Mehndiratta, Associate.
Jian Johnson, Partner, with support from Shobhit Dave, Senior Associate; Yusuf Kathawala, Associate; Medha Puvvala, Associate; Kruttika Lokesh, Associate; assisted on regulatory due diligence and related aspects for the transaction.
Arya Tripathy, Partner; with the support from Aishwarya Joshi, Associate; and Milind Yadav, Associate; assisted on intellectual property, information technology and data privacy due diligence and related aspects for the transaction.
Gazal Rawal, Partner; with the support from Yash Mukadam, Senior Associate; and Ujjwal Agrawal, Associate; advised on regulatory practice related aspects of the transaction.
Sowmya Kumar, Partner; with the support from Luv Saggi, Principal Associate; and Jay Sharma, Associate; assisted on employment law due diligence and related aspects for the transaction.
Thangadurai V.P, Principal Associate; advised on tax related aspects of the transaction.