Desai & Diwanji, TT&A act on NeoGeo $20 million Series A fundraise

NeoGeoInfo Technologies Limited has raised $20 million from a Series A fundraise led by Neev Fund II and Aavishkaar India Fund VI, by way of a primary subscription to compulsorily convertible preference shares and equity shares.

Desai & Diwanji advised NeoGeo on this fundraise.

The transaction was led by Natasha Treasurywala (Senior Partner), with support from Shireen Langrana (Partner), Alister Sequeira (Senior Associate) and Harsh Desai (Associate).

TT&A advised Neev Fund II and Aavishkaar on this fundraise.

The transaction team consisted of Pooja Menon (Partner), Sangita Sharma (Associate) and Ruchi Tripathi (Company Secretary).

Neogeoinfo Technologies is a geospatial technology company.

This is the first institutional funding round for the Company and will allow it to further expand into international markets, while continuing to contribute to the role of geospatial data in governance, infrastructure development, and disaster management in India.

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