Cyril Amarchand Mangaldas acted as the legal counsel to Vertex Ventures, being the lead investor in the funding round of USD 16 million raised by Spyne. The round also witnessed participation from existing investors, including Accel, Storm Ventures, and Alteria Capital. Spyne is a leading AI-powered visual merchandising platform for the automotive industry.
Transaction team included Vishwanath Pratap Singh, Mincy Mathew, Radhika Shukla, Nitika More and Satwik Anand.
Source: Cyril Amarchand Managaldas’ LinkedIn Page