IC RegFin Legal Partners, Rajani Associates, Shardul Amarchand Mangaldas (SAM) and India Juris advised on NowPurchase’s INR 80 crore funding round.
NowPurchase, a B2B raw material procurement platform, has raised INR 80 crore in its latest funding round led by Bajaj Finserv, with participation from existing investors including Info Edge Ventures, Orios Venture Partners and Real Ispat Group, along with VC Grid. The company plans to utilise the fresh capital to strengthen its core offerings such as scrap recycling, expand its branded products portfolio, and scale its MetalCloud platform.
IC RegFin Legal Partners represented NowPurchase on the transaction.
The team comprised Partner Ankit Bhasin, along with Senior Associate Saransh Agarwal, Associates Jesika Somani, and Sejal Dass Khandelwal.
Rajani Associates advised lead investor Bajaj Finserv on the fundraise.
The transaction team consisted of Partner Amish Shroff, Principal Associate Karen Issac, and Senior Associate Ruchi Sethna.
Shardul Amarchand Mangaldas & Co advised existing investor Info Edge Ventures on the fundraise.
The transaction team consisted of Partner Pratyush Khurana, Principal Associate Sanya Haider, and Associate Akshita Mittal.
India Juris acted as legal counsel to VC Grid in connection with the investment, advising on transaction and related documentation.
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