K Law acts for agritech platform Bijak on $12m Series A with Algo, IC-U, Anoma

NEW DELHI: Bijak, a B2B platform for agricultural commodities, … said it has raised $12 million (Rs 91 crore) from investors including RTP Global to enhance its technology team and roll out new features… Gurugram-based Bijak is a platform that gives agricultural commodity buyers and sellers better prices, increased working capital, and optimised logistics.

— The Economic Times

K Law (Krishnamurthy & Co) advised Krishiacharya Technologies Private Limited, operating as Bijak led by a transaction team of associate partnerJeevith Belliappa with senior associatePuneet Prabhakar, senior associateRohaneel Mohite, associateHenal Shah and strategic inputs from partnerAlok Sonker. Due diligence and closing actions support was provided by associateAshwin Gowda and assistant company secretary Supriya G.

Update 27 April 2020: Algo Legal advised RTP Global led by a team including partnerSiddharth Manchandaassociate partnerMinhaz Lokhandwala and associateRohit Jain.

Algo Legal also advised Surge Ventures led by a team including partnerJitender Tanikella and associateGaurang Singh.

Also advising were IC Universal Legal and Anoma Legal.

2020-03-28

Deal value: INR 90 Crores (USD 12 Mn)

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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