Agrow Allied Ventures Private Limited has raised ₹186 crore from a combination of primary capital infusion by India Advantage Fund S5 I, a fund managed by ICICI Venture Funds Management Company Limited; and secondary sale by existing shareholders.
Trilegal advised Agrow Allied Ventures, along with its promoters and existing shareholders, on this fundraise.
The transaction team consisted Nikhil Sachdeva (Partner), and supported by Associates C.N. Yashwanth and Madhur Patel.
Agrow Allied Ventures is engaged in the manufacture of agrochemicals, including herbicides, insecticides, and fungicides, and has a presence across more than 80 countries. The Company has a strong product portfolio comprising over 15 technical products and more than 400 formulations, including specialty and patented offerings.
Agrow will utilize the funds for R&D, global registrations and strengthening of manufacturing capabilities.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.