News and developments

DSK Legal Advises Captain Fresh on its Series B Fund Raise of USD 40 Million

The scope of work of DSK Legal included: (i) advising on overall structure for the transaction; (ii) assisting Infifresh in the due diligence process being conducted by the Series B Investors; (iii) drafting, revising, negotiating and finalising of Transaction Documents executed between Infifresh, its Founder and Series B Investors; and (iv) assisting in completing conditions precedent and closing process of the transaction (including corporate secretarial actions). This is the fourth successful fund-raising exercise completed by DSK Legal for Infifresh since its incorporation in June 2020. DSK Legal represented Infifresh & the Founder and team for the above transaction was led by Associate Partner, Mr. Jayesh Kothari; Associate, Ms. Hemanshi Gala and Associate, Mr. Kunal Chopra. Partner, Mr. Hemang Parekh provided crucial inputs on the transaction. Tiger Global & Naspers Ventures were represented by AZB Partners & Gunderson Legal (Newyork). Accel India VI (Mauritius) Limited was represented by internal legal team. Matrix Partners India Investments III, LLC and Matrix Partners India III AIF Trust was represented by Rajaram Legal. Ankur Capital Fund-II was represented by J Sagar & Associates. Incubate Japan was represented by Pier Counsel. Deal Value: USD 40 Million (INR 303 crore)