Ahlawat & Associates advised Rooter Sports Technologies Private Limited on its ‘Pre-Series B Investment’ round of USD 16 million, led by Lightbox Ventures III.

Ahlawat & Associates (“A&A”) has advised Rooter Sports Technologies Private Limited, on its ‘Pre-Series B Investment’ round wherein the investment was a combination of debt and equity investments and was led by Lightbox Ventures III, followed by investments from existing investors along with witnessing participation from new investors.

DEAL UPDATE

Ahlawat & Associates’ (“A&A”) has advised Lotus Holdings (hereinafter referred to as the “Investor”), in its strategic investment in Yogicsecret Healthcare Private Limited (hereinafter referred to as the “Company”) in the seed round of investment raised by the Company.

Supreme Court upholds Dream 11 as a game of skill

The Supreme Court has recently (vide its judgment dated July 31, 2021) has put the issue to rest as regards whether the platform ‘Dream 11’ amounts to gambling or is a mere game of skill. In its recent judgment in the case of Avinash Mehrotra V The State of Rajasthan & Ors., SLP (C) No. …