ThinkLaw along with Khaitan & Co advised on Ashra Private Equity’s Series A investment in Raina Industries.
The transaction marks a significant growth capital infusion into Raina Industries, which operates in the fibre and textile reinforced materials technology sector and manufactures glass reinforced concrete facades and street furniture for the construction industry.
ThinkLaw advised Raina Industries Private Limited and its promoter on a Series A investment by Ashra Private Equity Fund, a scheme of Shepherds Hill Private Equity Trust.
The ThinkLaw team advising the company and promoter was led by Partner Ankita Kashyap.
Khaitan & Co advised Ashra Private Equity Fund on leading the Series A investment in Raina Industries.
The firm conducted legal due diligence on the company and advised the investor on negotiating, finalising, and closing the transaction documentation.
The Khaitan & Co team was led by Partner Tanvi Kumar, with support from Principal Associate Pulkit Chaturvedi, Senior Associate Nidhi, and Associates Gunjan Garg, Nipun Laroia.
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