Ashra Private Equity Fund Invests in Buildwealth Technologies Industries Private Limited

"Khaitan & Co advised Ashra Private Equity Fund (a scheme of Shepherds Hill Private Equity Trust) on its participation in the Series C1 financing of Buildwealth Technologies Private Limited (dba Wealthy). Wealthy operates a fintech wealth-management platform that enables financial advisors to offer a broad marketplace of investment and insurance products."

Khaitan & Co advised Ashra Private Equity Fund (a scheme of Shepherds Hill Private Equity Trust) on its participation in the Series C1 round of Buildwealth Technologies Private Limited (dba Wealthy). Buildwealth Technologies Private Limited, together with its subsidiaries, operates the Wealthy digital platform, a comprehensive fintech and wealth-management ecosystem. The platform primarily focuses on empowering financial advisors (Wealth Partners) to run and grow their distribution businesses by offering a wide marketplace of financial products, including mutual funds, stocks, bonds, fixed deposits and insurance. The group offers a unified digital solution for investment, portfolio tracking and execution to both the partners and their end clients. Khaitan & Co represented Ashra Private Equity Fund (a scheme of Shepherds Hill Private Equity Trust) with a team composed by: Tanvi Kumar (Partner), Pulkit Chaturvedi (Principal Associate), Nipun Laroia (Associate) and Poojita Saxena (Associate) — Poojita Saxena handled closing actions. The firm undertook a limited diligence on the target and assisted the investor with negotiation and finalising the transaction documents.

Ashra Private Equity Fund Invests in Buildwealth Technologies Industries Private Limited

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