Accel and Quona completed the acquisition of Shivalik Small Finance Bank for $17m.

Synopsis

Accel and Quona, two venture capital firms, completed the acquisition of Shivalik Small Finance Bank, a retail banking products and services provider, for $17m.

Principals

target

Shivalik Small Finance Bank

bidder

ACCEL

Show Details & Financials

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Market Context

Dealmakers

Service Providers (1)

legal advisors

Azb & Partners

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