Focus Prism Private Limited has secured a ₹145 crore investment from OAKS Asset Management, and has simultaneously acquired Foodexo Chennai Private Limited.
CMS INDUSLAW advised Focus Prism and its promoter on both the transactions.
The transaction team consisted of Rashi Bharadwaj (Partner), Shivani Singh (Principal Associate) and Rusha Ghosh Dastidar (Senior Associate), with Avimukt Dar (Founding Partner) providing strategic inputs.
The corporate secretarial team comprised Ruhi Jain (Executive Director), Praveen Hedge (Manager), Adarsh Joshi (Assistant Manager) and Fhareen Abdul Aziz Khan (Executive).
Focus Prism is a leading tech-enabled, institutional food services platform in India, delivering everyday large-scale, high-quality food solutions across corporate, industrial, education and healthcare segments.
The investment strengthens its investor base, while the acquisition expands its institutional food services operations.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.