
Partners Group.
Indium Sells Majority Stake in Infinity Fincorp Solutions to Partners Group’s PG Lotus: Mumbai, India – July 19, 2025 – Indium IV (Mauritius) Holdings Limited, along with other minority sellers, has announced the proposed sale of their entire shareholding in Infinity Fincorp Solutions Private Limited to PG Lotus Pte. Ltd., a portfolio company of the global private markets firm Partners Group. This strategic transaction also includes the proposed issuance of equity shares to Partners Group and its affiliates, marking a significant development in the Indian financial services sector.
The deal, facilitated through a highly competitive bid process, saw Cyril Amarchand Mangaldas (CAM) providing extensive legal and strategic support to True North Managers LLP, guiding them through every stage of the transaction. The culmination of this process is the signing of definitive agreements, which will see Partners Group acquiring a substantial stake in Infinity Fincorp Solutions Private Limited.
Cyril Amarchand Mangaldas played a crucial role in advising Indium IV (Mauritius) Holdings Limited on this complex sale. The core transaction team was led by Partners Aditi Manchanda and Siddharth K. Vedula, with support from Principal Associate Naimi Kamdar and Associates Kaushik Raichura and SB Aditi. Strategic insights were also provided by Partner Vandana Sekhri.
CAM’s diligence team, also led by Aditi Manchanda and Siddharth K. Vedula, included Senior Associates Deepjoyika Ghosh Dastidar and Lokit Khurana, and Associates Kabeer Jay and Shivendra Mehndiratta, ensuring thorough legal scrutiny.
Specialized legal advice was provided across various critical aspects of the transaction:
RBI Application & Related Aspects: Partner Gazal Rawal, supported by Senior Associates Yash Mukadam and Pratiksha Arekar, and Associate Aniket Panchal.
Regulatory Due Diligence: Partner Jian Johnson, with Principal Associate Sukriti Sarwan, Senior Associate Shobhit Dave, and Associates Yusuf Kathawala, Eesha Tirodkar, and Medha Puvvala.
Intellectual Property, Information Technology & Data Privacy: Partner Arya Tripathy, assisted by Senior Associate Nidhi Jhawar and Associate Rushil Mehta.
Financing Due Diligence: Partner Subhojit Sadhu (Finance & Infrastructure) and Director (CAM – Middle East), with Principal Associate Apoorv Jain and Associate Sanyam Agarwaal.
Employment Law Due Diligence: Partner Sowmya Kumar, supported by Principal Associate Luv Saggi and Associate Tara Thakur.
Competition Law Analysis: Partner Dhruv Rajain, with assistance from Associate Vanya Agarwal.
Execution of Transaction Documents: Senior Associate Anukriti Bhattad provided on-the-ground support in Bengaluru.
This acquisition by Partners Group through PG Lotus is poised to bolster Infinity Fincorp Solutions’ capabilities and market presence, leveraging the new ownership’s global expertise and capital.