DSG Consumer Partners and DSGCP Souza PCC have led a round of funding for GC Web Ventures, which hosts the online lending marketplace platform Indialends.com.
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Indialends.com, a financial technology startup based in New Delhi, focuses on making financial products affordable and accessible to the public. It connects customers with lenders that provide financial products and services such as personal loans, unsecured loans, instalment loans and credit cards, to help borrowers get the best deal possible. It also offers big-data analytics, credit risk assessments and verification and automated work-flows for loan origination and management.
DSG Consumer Partners, DSGCP Souza PCC along with American Express, Cyber Carrier, AdvantEdge Partners and individual investors put US$4 million into the company.
Trilegal, led by partner Kunal Chandra with support from associate Aditi Jain, advised DSG Consumer Partners and DSGCP Souza PCC on the deal.
Krishnamurthy & Co, led by partner Abhinav Singh with support from senior associate Anisha Jayaram, acted for GC Web Ventures.
DH Law Associates advised Cyber Carrier. Shardul Amarchand Mangaldas & Co acted for American Express.
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