- Apprentice Lawyer
Wingreens Farms, a dips and sauce brand has recently acquired cold-pressed juices startup Raw Pressery at a valuation of Rs 100 crore, thereby marking a significant consolidation in the consumer brands sector.
The deal will help Wingreens to expand its product portfolio to cold-pressed juices, and aid Raw Pressery’s turnaround.
Existing Investors, including institutions such as Sequoia Capital, Saama Capital, DSG Consumer Partners and Alteria Capital have come onto the Wingreens cap table.
Antares Legal represented Wingreens Farms with a team led by Partner Siddharth Bhavnani.
Partner Arjun Anand advised on due diligence aspects with support from Counsel Yashodhara Dayal, Senior Associate Surbhi Kothiala and Associates Charu Tripathi and Utkarsh Nigam.
Partners Siddharth Bhavnani and Surbhi Gupta along with Senior Associate Surbhi Kothiala and Associates Charu Tripathi and Mohona Thakur advised on structuring, financing and documenting the transaction.
Lexygen Legal Consulting led by Managing Partner Vijay Sambamurthi acted for the institutional investors in Raw Pressery.
V Law Partners led by Founder Partner Vivek Daswaney acted for Raw Pressery's Promoter.
Raw Pressery, the company was represented by IndusLaw. The team was led by Senior Partner Kartik Ganapathy and Partner Mayukh Datta and Associates Stuti Agarwal, Deepika Yadav and Mahima Selvakumar.