DSK Legal advised Mimansa Industries Private Limited (“Company”), a company engaged in the business of manufacturing and selling wide range of fresh bakery products under the brand named “The Baker’s Dozen” on both online and offline channels; and its Founders, Mr. Sneh Jain and Ms. Aditi Handa (“Founders”) in relation to their Pre-Series A Round from Fireside Ventures Investment Fund – II (“Investor”). 

The Company has been operational for over 9 years from its state of art manufacturing facility in Ahmedabad, Gujarat and runs and operates over 45+ brand locations across the country. In addition to the primary manufacturing facility, the Company also operates/manages several cloud kitchens across the country. The Company will use the proceeds from the investments for: (i) expansion of its operations including online presence; (ii) customer acquisition; and (iii) brand building.

The scope of work of DSK Legal included: (i) reviewing, finalising term sheet for the transaction; (ii) revising, negotiating and finalising the Transaction Documents executed between Company, its Founders and Investor; (iii) assisting in completing CPs; and (iv) assisting in closing of the transaction.

DSK Legal team for the above transaction was led by Associate Partner Mr. Jayesh Kothari, Senior Associate Ms. Hemanshi Gala and Associate Mr. Kunal Chopra.

IC Universal Legal acted as legal advisors to the Investor.

Privado Capital acted as financial advisors and bankers to this transaction.

Deal Value: USD 5 Million