Cyril Amarchand Mangaldas acted as legal counsel to Cactus Partners Fund I on its investment in Indigrid Technology
The leading Indian law firm, Cyril Amarchand Mangaldas acted as legal counsel to Cactus Partners Fund I on its additional investment of approximately USD 4 million in the Series A1 fund raise round of Indigrid Technology Private Limited, a full-stack electronics component manufacturer with in-house design and manufacturing capabilities engaged in producing battery packs, motor controllers, vehicle control units, and components for EV drivetrains. Cactus Partners Fund I had previously invested USD 7.72 million in the company.
The Cyril Amarchand Mangaldas team advising on the matter was led by Alok Sonkar (Partner), with support from Karishma Jumani (Director – Corporate Transactions), Utkarsh Mankad (Senior Associate), and Aayush Panwar (Associate).
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