DMD Advocates Advised Innov8 Workspaces On Investment By InCred Wealth
DMD Advocates Advised Innov8 Workspaces On Investment By InCred Wealth
DMD Advocates advised Innov8 Workspaces India Limited (formerly known as Oyo Workspaces India Private Limited), a company providing flexible workspace solutions under the brand name “Innov8,” and its shareholder, Oyo Hotels and Homes Private Limited (subsidiary of Oravel Stay Private Limited), in a secondary sale and primary investment by InCred Wealth and Investment Services Private Limited in Innov8 Workspaces India Limited.
ELP Acts For Cove & Lane In Securing Seed Funding From Sauce.vc
ELP Acts For Cove & Lane In Securing Series Seed Funding From Sauce.vc.
Economic Laws Practice advised Cove and Lane Lifestyle Private Limited (Cove and Lane), a pre-revenue fashion venture engaged in retail of apparel and accessories under the brand ‘Cove & Lane’, and its founders in securing its series seed round funding, in which Sauce Consumer Venture Capital III, an early-stage consumer-focused venture capital fund, acquired a 15.38% stake, by investing approximately INR 4,00,00,000. ELP provided end-to-end support in connection with the transaction by negotiating and drafting the various definitive agreements that were executed in connection with the transaction.
Desai & Diwanji Advised Capricon Realty On Series A Funding Of hBits
Desai & Diwanji Advised Capricon Realty On Series A Funding Of hBits
Desai & Diwanji advised Capricon Realty Private Limited (an entity of Thackersey Group) on its Series A funding of hBits, a platform for facilitating fractional ownership of commercial real estate.
The transaction was led by Senior Partner Apurva Diwanji, Associate Partner Sameer Patel and Associate Shradha Agrawal.
Source: Desai & Diwanji’s LinkedIn Page
Poovayya & Co. Advised MetaShot On Seed Round Funding From Sauce.vc & Sharrp Ventures
Poovayya & Co. Advised Gillidanda Tech Pvt Ltd (MetaShot), a Bengaluru-based gaming company, in its seed round of funding from Sauce.vc and Sharrp Ventures.
Poovayya & Co.’s team was led by Partner Siddhartha George with support from Senior Associate Neytra Nayak and Associate Shagun Singh.
MetaShot has developed a smart phygital cricket bat that aims to provide consumers with a console-like gaming experience on their smartphones. The round was led by early-stage venture capital firm Sauce.vc, along with Sharrp Ventures and Panthera Peak.
Source: Poovayya & Co.’s LinkedIn Page
Argus Partners Advised Infra.Market On $120 Million Pre-IPO Fundraise
Argus Partners Advised Infra.Market On $120 Million Pre-IPO Fundraise
Argus Partners advised Infra.Market (a construction materials solutions firm) on raising $121 million in fresh funding at a valuation of about Rs 24,147 crore (nearly $2.8 billion) in pre-IPO funding.
Founded in 2016 by Aaditya Sharda and Souvik Sengupta, Infra.Market manufactures construction materials under its private-label brands. It has a B2B, retail, and B2C network and leverages technology to digitise the procurement process. The pre-IPO funding round saw participation from existing investors Tiger Global, Foundamental GmbH, Evolvence, among others. Nikhil Kamath, Ashish Kacholia, Abhijit Pai, Sumeet Kanwar, Nuvama, and Capri Global were also part of the round.
The team at Argus Partners advising Infra.Market consisted of Partners Anindya Ghosh, Anantha Krishnan along with Associates Aditya Prasad and Khushi Bhardwaj.
Source: Argus Partners’ LinkedIn Page
Samvad Partners Advised 8i Ventures In Series A Fund Raise For Boba Bhai Ventures
Samvad Partners Advised 8i Ventures In Series A Fund Raise For Boba Bhai Ventures
Samvad Partners advised 8i Ventures, in their investment in the Series A fund raise of Boba Bhai Ventures Private Limited. Boba Bhai raised approximately INR 30 crores in the funding round, led by 8i Ventures. Boba Bhai is engaged in the business of tech-enabled quick service restaurant chain for bubble teas and Korean burgers.
The Samvad team consisting of Partners Junaira Rahman and Gauri Khanna, Senior Associate Oshin Taneja and Associate Aditi Bose, were involved in the transaction.
Source: Samvad Partners’ LinkedIn Page
AZB & Partners Advises Warbug Pincus In Raising $125 Million For Whatfix
AZB & Partners advised lead investor and global private equity firm Warburg Pincus in raising US$ 125 million along with SoftBank for Whatfix, which is a global leader among digital adoption platforms (DAPs).
Veritas Legal Advises Epiq Capital In Deal Raising $340 Million For Zepto
Veritas Legal, Advocates and Solicitors acted and advised Epiq Capital in a follow-on financing round for delivery service company Zepto which raised an amount of US$340 million along with other investors. The funding was led by General Catalyst along with Mars Growth Capital and Epiq Capital. As per the Economic Times, after this deal, […]
Vertices Partners represented G.O.A.T Brand Labs in the secondary acquisition of Chumbak Design
Stratage Law Partners represented Impresario Entertainment and Hospitality Private Limited, and its Promoters on acquisition by India Resurgence Fund
