India:
IndusLaw Deal Report | Xpressbees
15 November 2023
IndusLaw
To print this article, all you need is to be registered or login on Mondaq.com.
Our firm advised Xpressbees in relation to
Series G investment from Teachers' Venture Growth, the venture
arm of Canada's Ontario Teachers' Pension Plan1
including a secondary component where we also represented certain
selling shareholders apart from the Company. This deal marks
Ontario Teachers' first investment in India from the TVG
platform.
Deal amount: USD 80 million
INDUSLAW Team: Winnie Shekhar (Partner),
Shantanu Singh (Principal Associate), Rashi Bharadwaj (Principal
Associate), Anu Bhaskaran (Associate), Anukriti Bhattad (Associate)
and Shubham Tiwary (Associate).
Footnote
1 https://techcrunch.com/2023/11/06/indian-logistics-unicorn-xpressbees-in-80-million-funding/https://entrackr.com/2023/11/xpressbees-bags-80-mn-from-teachers-venture-growth/
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from India
Revisiting Representation And Warranty Clauses
Obhan & Associates
Clauses related to representations, warranties and indemnifications are widely negotiated clauses of commercial contracts especially in M&A transactions. The interests of the parties to a contract typically do not align with respect ...
ESOPs And SARs: From Ownership To Appreciation
Alaya Legal
Louis Ortho Kelso, a political economist and lawyer, back in 1956, created the first employee stock ownership scheme based on his belief that the ownership of a company...