Investment in LendenClub advised by India Juris
14th April, 2016
14th April, 2016
India Juris advised
angel investment round by Venture
Catalysts in peer-to-peer
lending platform LenDenClub. The LendenClub connects salaried borrowers to individual
lenders which uses a combination of traditional and non-traditional data points
to validate credit-worthiness of borrowers. The investment was in news
recently.
The scope of work included structuring and drafting investment related documents including Term Sheet and Shareholders Agreement. The transaction was concluded by corporate and private equity team of the firm headed by Partner, Sameer Rastogi