Tablespace Technologies Private Limited has received an investment from the Hillhouse Capital Group involving a primary issuance and a secondary transfer of convertible and ordinary shares.

Trilegal advised Tablespace Technologies and its founders in transaction structuring, and negotiating and drafting transaction documents, in relation to the investment.

The transaction team was led by Harsh Maggon (Partner, Corporate), Ankit Kejriwal (Partner, Corporate), Pranav Atit (Partner, Corporate) and Mridul Kumbalath ( Partner, Real Estate). They were supported by Arnav Nagalia (Counsel, Real Estate), Rutvij Naik (Associate), Siddhant Bhargava (Associate), Priya Venkatesan (Associate), Apoorva Singh (Associate), Jesica Thakkar (Associate), and Varun Bhargava (Associate).

Shardul Amarchand Mangaldas & Co. advised Hillhouse in connection with the transaction. The transaction/diligence team comprised Anuj Bhasme (Partner), Avichal Mathur, (Principal Associate), Hardik Thakker, (Principal Associate), Rishikesh Desai, (Senior Associate), Apeksha Narula, (Associate), Jessica Bagchi, (Associate), Anusha Chand, (Associate) and Aakash Rao (Associate).

They were supported by the Real Estate Team comprising Bhoumick Vaidya, (Partner), Sanchi Bansal, (Senior Associate), and Niyati Mahimtura, (Associate), as well as the Competition Team comprising of Gauri Chhabra, (Partner), Gargi Yadav, (Consultant), and Ujwala Kishore Adikey, (Associate).

Table Space is a horizontal Managed Workspace operator that is transforming the Commercial Real Estate market in India with an Intelligent Grade A Workspace-as-a-Service offering. Table Space’s vision is to be the largest workspace operator in India that caters to Large and Mid-market tenants looking to occupy Grade A space for long periods.

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