Our Real Estate team recently advised Sagent, a mortgage servicing fintech company, in establishing its non-US headquarters in Chennai. The team comprising Partner, Jayaprakash Padmanaban, Practice Head, Aruna Singh, Senior Associate, Kannadasan C and Associate, Vincent P conducted the necessary legal due diligence and advised in leasing the office premises from the real estate developer, DLF Limited.
The Warburg Pincus-backed fintech leader acquired the mortgage servicing fintech team of Mr. Cooper Group Inc. pursuant to their 2022 partnership deal. This Chennai headquarters opened its doors on May 8, 2023, to support the said team since most of its members are based in India. It is said to host more than 120 Sagent team members.
The Chief Technology Officer of Sagent, Uday Devalla who insists on onboarding team members with experience in both, fintech and mortgage servicing, expressed that this move will help attain the company’s “high talent bar”.
The Bar Council of India does not permit advertisement or solicitation by advocates in any form or manner.
This website is meant solely for the purpose of providing general information and not for advertising or soliciting any work whether directly or indirectly. By accessing this website, www.foxmandal.in, you acknowledge and confirm that you are seeking information relating to Fox Mandal of your own accord. Further, any content provided in this website should not be construed as legal advice. We disclaim all liability for any consequences of any action taken by the user relying on content provided on the website.
By clicking on the “I Accept” button, the user acknowledges that:
To learn more about how we use cookies, please read our Privacy Policy
