Algo, CAM, Rajaram deliver BigBasket purchase of milk delivery app DailyNinja

BigBasket … announced 100% acquisition of online milk delivery app DailyNinja. The deal will help the Bengaluru-based online grocer to consolidate its position in the subscription delivery space in the city, the firm said.

— The Financial Express

Algo Legal advised DailyNinja Delivery Services Private Limited led by a team of associate partnerPrateek Mohapatra, senior associateTushar Timmiah, associateShubham Barua, associatePunit Khandelwal.

Cyril Amarchand Mangaldas advised Big Basket, with a team including principal associateS Harish and senior associateMalavika Chandu.

Rajaram Legal partnerPrasad Subramanyan and associatesNikhil Joseph and Vibhu Khanna advised the existing investors, Sequoia Capital, Saama and Matrix, and the exiting investors.

2020-03-25

Deal value: Confidential

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