March 25, 2022
Shardul Amarchand Mangaldas & Co. advised Norwest Capital, Matrix Partners and Creation Investments on all aspects of Series A fundraise by OXYZO Financial Services Private Limited. Alpha Wave and Tiger Global also participated in this round.
The deal is valued at approximately USD 200 Million. Pursuant to this transaction, OXYZO will be valued at USD 1 billion and becomes the latest entrant into the “unicorn” club.
The transaction team was led by Puja Sondhi, Partner, Aakanksha Dalal, Senior Associate, Meghna De, Associate and Paavani Singh, Associate.
J. Sagar Associates acted as legal advisors to OXYZO Financial Services Private Limited.
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