IndusLaw, Jerome Merchant, Trilegal, Quillon act on Enkash fund raising of US$ 20 million

The round was led by Ascent Capital and Baring India Private Equity Partners. Mayfield, Axilor and White Ventures also participated in the round.

Corporate spend management startup, Enkash has raised investments of US$ 20 million (approx. ₹151 crore) from Ascent Capital and Baring India Private Equity Partners. Other investors who also participated in this round include Mayfield, Axilor and White Ventures.

IndusLaw represented Enkash in the transaction.

The team was led by Divya Varghese (Partner), Chitvan Bakshi (Principal Associate), Aayushi Tiwari (Associate)

Due diligence team - Shreya Suri (Partner), Chitvan Bakshi (Principal Associate), Annupriya Agarwal (Associate), Shekhar Yadav (Associate) and Ishaa Mahajan (Associate)

Jerome Merchant + Partners (JMP Law) represented White Ventures.

Trilegal represented Baring India Private Equity Partners.

Quillon Partners represented Ascent Capital.

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