Stratage Law Partners represented IvyCap in acquisition of Purple Panda Fashions Limited (Clovia) by Reliance Retail

Represented: Ivycap Ventures Trust and Ivycap Ventures Trust Fund II (IvyCap)

Total Deal Value in USD: 16.3 Million

Deal Makers

Partners: Shyam Pandya

Other Lawyers: Aasim Syed and Meha Patel

Stratage Law Partners represented IvyCap (largest shareholder in Purple Panda Fashions Private Limited) in 89% acquisition of Purple Panda Fashions (which is behind India’s D2C lingerie brand Clovia) by Reliance Retail Ventures Limited, an arm of Reliance Industries.

Aasim Syed, Meha Patel, Shyam Pandya, Stratage Law Partners

Retail & E-commerce

Mergers and Acquisitions, Private Equity/ Venture Capital

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