.
MergerLinks Header Logo

New Deal


Announced

Completed

Insight Partners, B Capital Group and Dragoneer led a $137m Series B round in CredAvenue.

Financials

Edit Data
Transaction Value£104m
Consideration TypeCash
Capital Owned-
Capital Bid For11%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Cross Border

Completed

Acquisition

Venture Capital

Single Bidder

Diversified Financials

debt solutions

debt platform

India

Private

Private Equity

Minority

Friendly

Synopsis

Edit

Insight Partners, a private equity firm, B Capital Group, a global firm specializing in equity investing in venture and growth-stage startups, and Dragoneer, a long-only, growth-oriented public and private investor, led a $137m Series B round in CredAvenue, a platform that connects corporates seeking loans with financial institutions and other investors, with participation from Sequoia Capital, Lightspeed, TVS Capital Funds and Lightrock. "We have a once-in-a-lifetime opportunity to transform the global debt and collections market through a combination of the marketplace, operating system and fulfillment," Gaurav Kumar, CredAvenue Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US