{"id":363776,"date":"2025-10-14T17:30:13","date_gmt":"2025-10-14T12:00:13","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=363776"},"modified":"2025-10-14T17:25:25","modified_gmt":"2025-10-14T11:55:25","slug":"cam-advises-sael-industries-pre-ipo-fundraise-norfund","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/10\/14\/cam-advises-sael-industries-pre-ipo-fundraise-norfund\/","title":{"rendered":"CAM advises SAEL Industries Ltd. in its pre-IPO fundraise of USD 20 million from Norfund"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Cyril Amarchand Mangaldas advised IPO bound SAEL Industries Ltd. in relation to a USD 20 million investment by Norwegian state-owned fund Norfund<\/p>\n<p style=\"margin-bottom: 3%;\">Norfund&#8217;s current investment takes its total investment in SAEL Industries Limited to USD 130 million. Cyril Amarchand Mangaldas had also previously advised SAEL Industries Limited on its fundraise from Norfund and United States International Development Finance Corporation in 2023 and 2024.<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction team was led by <span style=\"font-weight: bold;\">Aditi Manchanda<\/span>, <span style=\"font-style: italic;\">Partner;<\/span> with assistance from <span style=\"font-weight: bold;\">Kushal Ramotre<\/span>, <span style=\"font-style: italic;\">Director &#8211; Corporate Transactions;<\/span> and <span style=\"font-weight: bold;\">Kaushik Raichura<\/span>, <span style=\"font-style: italic;\">Associate.<\/span><\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Puneet Passi<\/span>, <span style=\"font-style: italic;\">Partner;<\/span> advised on capital markets related aspects.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">Cyril Amarchand Mangaldas had also previously advised SAEL Industries Limited on its fundraise from Norfund and United States International Development Finance Corporation in 2023 and 2024.<\/p>\n","protected":false},"author":67011,"featured_media":363781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[68835,90846,90845,90844,90847],"class_list":["post-363776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-cam","tag-norfund","tag-pre-ipo-fundraise","tag-sael-industries","tag-usd-20-million"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CAM Advises SAEL Industries on USD 20 Million Pre-IPO Fundraise from Norfund | SCC Times<\/title>\n<meta name=\"description\" content=\"Cyril Amarchand 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