Indus retains Zomato in $660m round with SAM, AZB, L&L, Khaitan for investors with foreigns

Posted on By Legal 60

Food delivery company Zomato Media Pvt. Ltd has completed a staggered fundraise that added $660 million (Rs 4,851 crore) to its coffers at a post money valuation of $3.9 billion, its co-founder and chief executive Deepinder Goyal, tweeted…

— VCCircle

IndusLaw advised Zomato Private Limited led by a team of senior partnerSuneeth Katarki, partnerPallavi Kanakagiri, senior associateAnantha Krishnan Iyer, senior associateShweta Adhikari, associateNishihi Shah and associateShreyas Bapat.

The firm had also acted on Zomato’s Series J of $160m in September of this year.

L&L Partners acted as counsel to Steadview Capital, led by partnerVaibhav Kakkar, partnerAvisha Gupta and associateDebarpan Ghosh.

Shardul Amarchand Mangaldas acted for Luxor, led by partnerNivedita Tiwari, partnerPrashant Gupta, principal associateDevesh Pandey and associateAxay Satagopan.

Shardul Amarchand Mangaldas also acted for Kora led by partnerJay Gandhi, principal associateAbhishek Parekh, senior associateNatalee Nanda and associateJoanna Barretto.

AZB & Partners acted as counsel to Fidelity, led by partnerVipul Jain, senior associateTanya Pahwa and associateSaras Muzumdar.

AZB & Partners also acted as counsel for Tiger Global with partnersAshwath Rau and Jasmin Karkhanis, and associatesRina Goyal and Rashmee Kumar.

Khaitan & Co was counsel for D1 Capital with partnerRishabh Bharadwaj, principal associatePurti Minawala and associateAyush Nanda.

Sidley Austin LLP was international counsel to Luxor with partnerWillian H Schwab.

Gunderson Dettmer was international counsel for Tiger Global with partnerJonathan Pentzien, associateDavid He and associateSoo Guo Kai.

2020-12-01

Deal value: $660m

This deal report is based on a firm’s press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

Click here if you are working with a law firm that has not been credited for this deal, and we will update the report promptly.

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