A $115 million fintech SPAC listed on NASDAQ is looking to acquire fintech ventures operating in India in B2C space

By Sumeet
Posted On: 30 / Apr / 2021
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Deal Details

Annual

Deal Type

Buy (Investor)
Maximum Loan

Industry

Fintech
Charge

Deal Status

Active

Deal Description

A $115 million fintech SPAC listed on NASDAQ is looking to acquire fintech ventures operating in India in B2C space preferably catering to lending / wealth management / payments segment. Deal is likely to happen in following way: 1) Growth Capital to be infused in venture for exponential growth;  AND 1) Shares Swap: Existing shareholder including promoter/management to get shares in Nasdaq listed fintech SPAC; (post de-SPAC) 2) Partly Cash-Partly Share Swap: Existing shareholder including promoter/management to get partial exit in cash and partly swap shares in Nasdaq listed fintech SPAC; (post de-SPAC) Management of fintech venture to remain with existing founder-management team. In case this is of interest to you then I look forward to your quick response to get this going by sending a company deck, signing a mandate and thereafter setting up meeting with SPAC.  Regards, Sumeet Agrawal [email protected]

No Files Attached

Deal Value
799 Crore
Targeted Region
Americas

Revenue

2019-20
7.99 Crore
2020-21
7.99 Crore
2021-22
7.99 Crore