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A91 leads USD 76 million funding round in Ummeed Housing Finance

Deal
July 18, 2024

JSA assisted A91 Partners with its investment in Ummeed Housing Finance. A91 Partners was the lead investor in this USD 76 million Series F Round, involving existing and new investors.

A91 Partner’s investment was structured as a primary and secondary investment, which resulted in an exit for an existing institutional investor. Ummeed Housing Finance is a housing finance company founded in 2016, which caters to informal and low-income households. The fresh infusion of approx. $36 million will be used to drive the company’s expansion across India.

Our Transaction Team Comprised Lead Partner – Probir Roy Chowdhury, Partner – Yajas Setlur, Senior Associate – Shivani Bhatnagar and Associate – Nikhil George.

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Tags Funding, Housing Finance, JSA, Leading Law Firm, Leading Lawyers

Nikhil George Associate

Nikhil is a member of the technology, media and telecommunications (TMT) team at JSA. He has experience in regulatory advisory and transactions, predominantly in the technology sector.

Probir Roy Chowdhury Partner

Probir specializes in Corporate Commercial, Venture/Private Equity and Information Technology/FinTech. He has been involved in corporate transactions focused on the high technology industry including cross border Mergers & Acquisitions.

Shivani Bhatnagar Senior Associate

Shivani is a part of JSA’s corporate commercial and technology, media and telecommunication (TMT) practice. Shivani’s focus areas are Data Privacy, Fintech, Digital Lending, E-Commerce, Mergers & Acquisitions (M&A), and General Corporate Commercial.

Yajas Setlur Partner

Yajas is a member of JSA’s technology, media, and telecommunications (TMT) practice. In this capacity, he advises clients extensively on various aspects of Indian information technology, data privacy and e-commerce laws.