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Update on Supermoney’s $1m Fundraise

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Update on Supermoney’s $1m Fundraise

June 1, 2020

We are glad to inform that Samisti Legal, Advocates and Legal Advisors has been involved in a fundraise transaction.

Fintech platform SuperMoney raised $1m i.e. INR 7 crore from an early-stage investor Unitus Ventures and the start-up has planned to use the money for the purpose of strengthening its team across technology, business development and various back-end operations. SuperMoney has also planned to use the funds for expanding its operations.

SuperMoney which is Mumbai-based has around 3,00,000 customer registrations and has disbursed around 55,000 loans.

Mr. Prashant Jain, Partner along with Ms. Anita Dugar, Senior Associate of Samisti Legal has advised Fintech platform SuperMoney in this deal.

This deal was closed on 06th February, 2020.

We would like to thank the team of Getclarity for providing us with this opportunity and for appreciating our work. This deal has been reported in the media. Please do read the publication for further details on the deal and feel free to get in touch with us.

Team Samisti Legal

www.samistilegal.in

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