IvyCap Ventures has invested in Thomson Reuters’s subsidiary, Reuters Market Light (RML) for an undisclosed stake..Thomson Reuters has also invested in RML alongwith IvyCap Ventures..K Law advised IvyCap Ventures with a team led by Partner Praveen Raju along with Associate Partner Sanket Sethia, Senior Associate Gaurav Shrawat and Associate Sunayana Bose..Trilegal advised Thomson Reuters with a team led by Mumbai Partner Delano Furtado..Post the investment, IvyCap Ventures will become the lead investor in RML, while Thomson Reuters will remain a shareholder in the new entity, reports VCCircle..RML is a mobile phone based personalized and professional information service to support the farming community..According to Dealcurry, RML operates across 13 states in India and covers over 300 crops and varieties and 1300 markets across these states.
