IndusLaw, JSA, Khaitan, L&L, SAM act on $660 million fund raise by Zomato

The company is now valued at $3.9 billion.
IndusLaw, JSA, Khaitan, L&L, SAM act on $660 million fund raise by Zomato

Gurugram-based food tech unicorn Zomato has completed its primary fundraise worth $660 million, giving the company a valuation of $3.9 billion.

The fundraise saw 10 new investors join Zomato including Tiger Global Management, Baillie Gifford, Luxor Capital, Kora Capital, Steadview, D1 Capital and Mirae Asset, Zomato founder and chief executive Deepinder Goyal said on Twitter.

IndusLaw represented Zomato with a team led by Senior Partner Suneeth Katarki, Partner Pallavi Kanakagiri, along with Senior Associates Anantha Krishnan Iyer and Shweta Adhikari, Associates Nishihi Shah and Shreyas Bapat.

J. Sagar Associates (JSA) were the Counsel for Mirae and were represented by a team led by Partner Manav Raheja and Associate Gaurav Matta.

L&L Partners represented Steadview with a team of Partners Vaibhav Kakkar and Avisha Gupta and Associate Debarpan Ghosh.

Shardul Amarchand Mangaldas represented Luxor with a team of Partners Nivedita Tiwari and Prashant Gupta, Principal Associate Devesh Pandey and Associate Axay Satagopan.

Sidley Austin LLP also represented Luxor in the transaction with Partner Willian H. Schwab.

AZB & Partners acted for Fidelity and the team was led by Partners Ashwath Rau and Vipul Jain, Senior Associates Tanya Pahwa, Apeksha Mattoo, Rashmee Kumar and Associate Saras Muzumdar.

Khaitan & Co represented D1 Capital. Its team comprised Partner Rishabh Bharadwaj, Principal Associate Purti Minawala and Associate Ayush Nanda.

AZB & Partners also represented Tiger Global through Partners Ashwath Rau and Jasmin Karkhanis and Senior Associates Rina Goyal and Rashmee Kumar and Associate Sidhant Chandalia.

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP also represented Tiger through Partner Jonathan Pentzien and Associates David He and Soo Guo Kai.

Shardul Amarchand Mangaldas & Co represented Kora through Partner Jay Gandhi, Principal Associate Abhishek Parekh, Senior Associate Natalee Nanda and Associate Joanna Barretto.

Related Stories

Bar and Bench - Indian Legal news
www.barandbench.com