# IndusInd Bank gives Rs 2,501 crore financing to Lightstorm

2026-08-20T12:06:36+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

IndusInd Bank has extended Rs 2,501 crore in debt financing to Lightstorm under a co-borrower structure. The transaction was advised on by JSA Advocates and Solicitors, which handled the structuring, drafting and negotiation of financing and security documents. The financing involves multiple facilities under a co-borrower arrangement, requiring a documentation framework covering both funded and non-funded facilities. The deal was led by JSA partners Anish Mashruwala and Karan Mitroo, with assistance from counsel Shekhar Shrivastava and associate Arpita Mittal.

## Indian Opinion Analysis

This transaction signals continued institutional appetite for large-ticket infrastructure or telecom-related debt in India. Lightstorm, a digital infrastructure platform, operates in the capital-intensive data centre and fibre optic space where co-borrower structures are used to ring-fence project risks. The Rs 2,501 crore facility is substantial for a single borrower in this sector. The next signal to watch is whether Lightstorm announces a corresponding equity raise or project award to match this debt commitment.

## Coverage

- barandbench.com <https://www.barandbench.com/law-firms/dealstreet/jsa-advises-indusind-bank-on-sanctioning-2501-crore-financing-to-lightstorm>
  Straight deal announcement with no editorial framing or commentary.

This story was synthesised by AI from the source linked above.

Tags: Anish Mashruwala, IndusInd Bank, JSA Advocates and Solicitors, Lightstorm
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