Goyel & Goyal advised SIDBI Venture capital on its strategic equity investment of $3 million (~₹25 crore) in VAHDAM India. The firm advised SIDBI Venture Capital on all aspects of this transaction.
The team advising SIDBI Venture Capital consisted of Akshit Goyal (Partner), and Abhilasha Mittal (Associate).
The due diligence team comprised of Senior Associates Aishwarya Srivastava, Rishi Shah, and Shubham Agrawal, and Associates Abhilasha Mittal and Shivantika Srivastava.
VAHDAM India is a wellness brand known for bringing teas, herbs, and botanicals to global markets.
SIDBI Venture Capital Limited (SVCL) is a wholly-owned subsidiary of the Small Industries Development Bank of India (SIDBI), established to provide equity support to micro, small, and medium enterprises (MSMEs) through venture capital funding. It manages several funds focused on promoting entrepreneurship, innovation, and inclusive growth, particularly in sectors with high potential for job creation and socio-economic development. SVCL plays a crucial role in bridging the funding gap for early-stage and growth-stage companies by offering long-term capital, thereby nurturing the startup ecosystem and contributing to India’s economic development.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.