Samvad Partners advised Stride Ventures on its Rs.20-crore investment in Flat White Capital Private Limited, the operator of the Indiagold platform. The deal involved Stride Ventures subscribing to a mix of non-convertible debentures and partly paid-up shares.
Samvad Partners advised Stride Ventures in its latest investment of Rs.20 crore in Flat White Capital Private Limited, the company that operates the Indiagold platform.
As part of the deal, Stride Ventures subscribed to a mix of non-convertible debentures and partly paid-up shares issued by the Company.
Flat White Capital, through its well-known digital platform Indiagold, offers a wide range of gold-based financial products. These include loans against gold, digital gold solutions, gold saving and accumulation plans, and various other fintech-driven financial and lending services.
The platform also supports marketplace-based offerings, making it a significant player in the gold-focused financial services space.
The legal advisory for Stride Ventures was led by Samvad Partners’ Partners Junaira Rahman and Riddhima P. Murjani.
They were supported by Senior Associate Hemanth Joseph Kadamthode and Associates Shivi Shrivastava and Ayush Rastogi, who collectively handled the documentation, structuring, and execution of the transaction.
Samvād: Partners is a partner-driven law firm focused on delivering practical, solution-oriented legal services. The Firm is dedicated to offering clear, high-quality legal guidance while upholding the strongest standards of professional integrity. It also places great emphasis on creating a supportive work culture that helps its lawyers grow and consistently perform at the highest level.
This investment marks another step forward in strengthening the digital gold and gold-backed lending ecosystem in India, as Indiagold continues to expand its products and technological offerings.