Khaitan & Co. advised NeoGrowth in relation to investment by ON Mauritius for acquisition of 29.31% stake approximately in Neogrowth. ON Mauritius is a part of Omidyar Network, a philanthropic investment firm founded by Pierre Omidyar, dedicated to harnessing the power of markets to create opportunity for people to improve their lives. It invests in and helps scale innovative organizations to catalyze economic and social change. NeoGrowth Credit Private Limited is a non-deposit taking and non-systemically important non-banking financial company registered with the Reserve Bank of India involved in the merchant cash advance business. The concerned partner was Haigreve Khaitan.