eShakti, a women’s fashion brand based in Chennai, has raised ₹75 crore from Paragon Partners Growth Fund-I, a private equity fund focused on mid-market segments, reported Mint..Khaitan & Co acted for Paragon Partners with a team led by Partner Kartick Maheshwari and Abhishek Sinha along with Principal Associate Kunal Mehta and Associates Abir Sarkar and Rishika Lekhadia..VB Legal acted for eShakti and its shareholders represented by Partner Varun Sriram and Associates Sahana Chandrika and Kayal Manivannan..Paragon Partners was founded by Siddharth Parekh and Sumeet Nindrajog in 2015..It invests primarily in consumer discretionary, financial services, infrastructure services (asset light), industrials and healthcare services. It has a corpus of $120 million and invests $10-20 million in firms.
eShakti, a women’s fashion brand based in Chennai, has raised ₹75 crore from Paragon Partners Growth Fund-I, a private equity fund focused on mid-market segments, reported Mint..Khaitan & Co acted for Paragon Partners with a team led by Partner Kartick Maheshwari and Abhishek Sinha along with Principal Associate Kunal Mehta and Associates Abir Sarkar and Rishika Lekhadia..VB Legal acted for eShakti and its shareholders represented by Partner Varun Sriram and Associates Sahana Chandrika and Kayal Manivannan..Paragon Partners was founded by Siddharth Parekh and Sumeet Nindrajog in 2015..It invests primarily in consumer discretionary, financial services, infrastructure services (asset light), industrials and healthcare services. It has a corpus of $120 million and invests $10-20 million in firms.