Khaitan & Co along with Anagram Partners advised on the Series F investment in Porter.
Wellington Management co-led the Series F round alongside Kedaara Capital. Wellington Management is a global investment management firm with over USD 1 trillion in assets under management and a long-term, research-driven investment approach across public and private markets.
Founded in 2014, Porter operates a digital logistics platform that connects businesses and individuals with on-demand vehicles, including trucks, tempos and two-wheelers, offering enterprise and last-mile delivery solutions across multiple Indian cities.
Khaitan & Co advised Kedaara Capital on its investment in Porter, a Bengaluru-based, technology-enabled intra-city logistics and goods transport platform, as part of Porter’s Series F fundraising round. The Firm also advised Kedaara Capital on the competition law aspects of the transaction, including securing unconditional approval from the Competition Commission of India (CCI) for the investment.
The Khaitan & Co transaction team comprised Partner Anisha Chand, Principal Associate Alisha Mehra, Senior Associate Rishabh Vohra, and Associate Ritika Ghosh.
Anagram Partners acted as legal counsel to Wellington Management in connection with its participation in the Series F investment.
The Anagram Partners team was led by Partner Simone Reis, and included Shwetank Chaubey, Sarthak Parnami, Rishabh Chhabaria, Sakshi Agarwal, and Vaidehi Joshi.
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