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A&O Shearman represents Helios Investment Partners on entry into Indian fintech sector

A&O Shearman is advising Helios Investment Partners (Helios) on its minority investment in M2P Solutions Private Limited (M2P) at a valuation of USD800 million. The investment is accompanied by a secondary acquisition by Helios from three current investors. This will make Helios M2P’s largest investor. This is Helios’ first significant investment in the Indian technology and fintech ecosystem.

M2P provides back-end software as a service (SaaS) to some of India’s largest fintech companies, financial institutions and banks, in addition to developing Visa’s networks in various markets. M2P has a presence across India, Middle East and Africa and its customer base is diverse, ranging from small consumer finance banks to large national and international banks.

"This transaction demonstrates our capability to assist international investors in their push to access the fast-growing Indian market and also the breadth and depth of our global emerging companies and venture capital (EC/VC) practice."

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Harsh Pais

Partner

The transaction was led by partners Harsh Pais and Will Samengo-Turner, senior associates Aviral Chauhan and Charlotte Rowlandson and associate Adithyan Sreekumar. Additional support was provided by Philip Whitehead and trainee Aastha Malhotra.