River Law advised TR Capital Group, Asia’s leading secondary specialist, on its over $50 million secondary investments in three of India’s most prominent growth-stage companies — MoEngage, Whatfix, and Shadowfax — acquiring stakes from Eight Roads Ventures.
This cross-sectoral deal involved simultaneous acquisitions in: MoEngage, a cutting-edge customer engagement platform powering personalized experiences for global brands; Whatfix, an industry-leading digital adoption and guidance solution trusted by Fortune 500 companies; and Shadowfax, India’s fastest-growing last-mile logistics player redefining hyperlocal delivery — together, they represent the new wave of high-impact Indian tech and logistics innovation.
This complex, multi-company block trade showcases River Law’s strength in executing sophisticated secondary transactions with precision and commercial agility. We’re proud to have supported TR Capital as it deepens its future-focused tech portfolio in Asia.
The RL deal team was led by Managing Partner Archana Rajaram ,Partners Atikant Kaur Sahni & Jacob George, Associates Yamini Jain, & Shreesh Bindal, with support from Senior Associate Ankita P. Rajesh.
The RL due diligence team was led by Partner Atikant Kaur Sahni, Senior Associate Ankita P. Rajesh, Company Secretary Ruchita S, and Associate Varnik Yadav.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.
