Zephyr Peacock India Growth Fund participated in the Series B investment round of Ripplr (Intelligent Retail Private Limited) and invested approximately ₹20 crores ($2.43 million) out of the $40 million raised in the round.

Pioneer Legal assisted Zephyr Peacock Fund in the following manner:

• Assisting in drafting, reviewing, revising and finalising the Share Purchase Agreement, the Share Subscription Agreement, and the Shareholders Agreement.

• Assisting in other general advisory and closing related aspects of the transaction.

The deal team consisted of Sameer Raina (Principal Associate) and Adwait Munje (Principal Associate).

Closing: Sameer Raina (Principal Associate), Adwait Munje (Principal Associate) and Rutvik Shukla (Associate).

Mayank Mehta (Partner) provided certain strategic inputs.

IndusLaw advised Ripplr on their Series B Investment round.

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