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AZB & Partners represented TA Associates on its investment in Vastu Housing Finance

AZB & Partners acted as legal counsel to TA Associates in their recent strategic growth investment in Vastu Housing Finance.

AZB’s deal team comprised our Senior Partner Vaidhyanadhan Iyer, Partner Vasudha Asher, Senior Associate Karun Jhangiani, Associates Priyasha Goyal and Rishav Sen. They were supported by Senior Partner Gautam Ganjawala and Partner Bhargavy Ramesh on regulatory aspects and by Partner Bharat V Budholia, Senior Associate Vayshnavi Ganesh, Associates Shaurya Kumar and Mrigank Patel on competition law aspects.

The diligence team comprised of Associates Manhar Chaudhary, Sanghamitra Sengupta, Malvika Kedia and Tarini Mehtani.

TA Associates (“TA”), a leading global private equity firm, today announced a strategic growth investment in Vastu Housing Finance (“Vastu” or “Company”), a pan-India diversified lending institution.

Founded in 2015, Vastu has grown to become one of the leading affordable housing finance players in India. Vastu leverages its proprietary technology and unique underwriting practices to deliver financing solutions to bankable but under-served self-employed customers across semi-urban and rural India.

With Inputs from TA Associates press release.

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