Catbus Infolabs Private Limited, which runs the logistics services provider Blowhorn, availed certain structured venture bridge financing facilities by way of issue of unrated, unlisted, unsecured, redeemable non-convertible debentures, on private placement basis, which were subscribed to by an early-stage venture capital fund managed by Capria Ventures Advisors LLP (formerly known as Unitus Ventures Advisors LLP), which is a strategic partner of Capria Ventures, a leading Global South specialist venture firm.

Bangalore based Blowhorn, which integrates transportation and technology, is one of India’s largest same day logistics platforms for D2C and omnichannel brands and provides same day intra-city logistics services and asset-light logistics marketplace.

Krishnamurthy & Co. (KLaw) advised Catbus Infolabs Private Limited, as the transaction counsel, and was involved in structuring the transaction, drafting, negotiating, and finalising the term sheet, all debenture issuance documents, and various ancillary documents. KLaw also advised the issuer on various legal and regulatory issues pertaining to availing the structured venture bridge financing facilities, which involved innovative structuring.

The transaction was led by Partner, Zeeshan Khan and assisted by Anirban Roy Choudhury (Senior Associate.