Fusion Micro Finance Limited is the second-largest NBFC-MFI in India which touches lives of three million rural clients in the country. Fusion was established in 2010 with a core idea to create opportunities at the bottom of the pyramid by providing financial services to underserved and unserved women entrepreneurs in rural areas.
The Sidley team was led by partner Manoj Bhargava, and comprised counsel Shashwat Tewary, associates Klara Thamrin, Jayant Bhardwaj, and Daniel Ang, and legal assistant Caulyn Bong, all of whom are based in Singapore; and partners Craig E. Chapman, Robert M. Kreitman, and Nicholas R. Brown, counsel Carla G. Teodoro, managing associate Tyler J. Combest and associate Alvin Wang, all of whom are based in New York.
Sidley is one of the most experienced international law firms executing capital markets transactions in India and other Asian markets. Including this transaction, Sidley has advised on four other successful IPOs by Indian issuers this year – Rainbow Children’s Medicare Limited, Vedant Fashions Limited, Adani Wilmar Limited, and AGS Transact Technologies Limited. Over the past year, the firm has advised on over 18 completed capital markets transactions in India, with an aggregate value exceeding US$5 billion.