VERTICES Transactions

VERTICES PARTNERS Represented Next In Granting Of Their Franchise Rights For The Indian Market To Myntra

Transaction: General Corporate | Sector: Retail

VERTICES PARTNERS represented UK’s global fashion brand NEXT Retail Limited who wanted to expand in the ever-evolving Indian market, by awarding franchise rights to Indian retail giant Myntra Jabong Pvt Ltd., allowing it to scale Next’s omnichannel presence across the country. As part of the deal, Myntra’s Wholesale Business will establish Next-branded stores in India. It is proposed to launch between 8 to 10 Next branded stores in initial years of operation, with the first few being in Mumbai, Delhi, and Bengaluru.

The deal team was led by Partner Vikrant Anand, along with Associate Manager Prerna Bharati, and Associates Ayushi Narayan, Nishtha Khandelwal and Garima Thukral for this transaction; Founder & Managing Partner, Vinayak Burman provided strategic inputs in the said transaction.

VERTICES PARTNERS Represents Its Clients’ Omnivore, Siana Capital, and Unleash Capital In Relation To The Series A Transaction.

Transaction: Private Equity | Sector: AgriTech

VERTICES PARTNERS represented its clients’ Omnivore Capital Management Advisors – India’s 1st Agri focused VC Fund, a Bengaluru based company, Unleash Capital Partners –a group company of Gojo & Company, Inc (“Gojo”), a Japanese holding company and Siana Capital Management– a focused Venture Capital Fund Manager from Bengaluru to invest equity funds of $6.5 million (₹53 crore) in a Series A round transaction into Ayekart Fintech Private Limited an agrifood fintech platform, that aims to expand its operations nationwide and cater to a larger audience of FPOs (Farmer Producer Organizations), food manufacturers, distributors and retailers.

The team was led by Partner Vikrant Anand, Associate Manager Shagun Rathi, Associate Ayushi Narayan, Associate Gauranshi Saini and Associate Cashmira Poonacha for this transaction. Founder & Managing Partner, Vinayak Burman provided strategic inputs in the said transaction.

VERTICES PARTNERS Represents Its Client Prath Ventures In Leading $2.1 Million Funding In Assembly Luggage

Transaction: Private Equity | Sector: D2C

VERTICES PARTNERS represented its client PRATH VENTURES an early-stage venture capital fund in leading investment of investing $2.1 Million in Dismantle Digital Private Limited (Assembly Luggage) manufacturer of minimal and functional travel products in this Pre-Series A funding transaction.

The team was led by Partners Vikrant Anand and Vishal Mehta, Associate Manager Prerna Bharati and Associate Ms. Vidhi Shah in this said transaction. 

VERTICES PARTNERS Represented Its Long-standing Client’s Sindhuja Micro-credit In This Series C Fundraise Transaction Of 14.5 Million Us$

Nature of Transaction – Private Equity |Sector – Financial Services (Micro- Finance)

VERTICES PARTNERS represented its long-standing client Sindhuja Micro-Credit in relation to the Series C transaction fundraise of 14.5 MN USD from Gawa Capital, Oiko Credit and existing investors Abler Nordic and Carpe Diem Capital with a team led by Partner Vikrant Anand and Associates, Nishtha Khandelwal and Gauranshi Saini. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS Represented Its Long-standing Clients Aavishkar Capital In Injecting Us$ 40 Million In Altum Credo Home Finance Private In Series C Equity Funding Round

Nature of Transaction – Private Equity | Sector – Micro Finance

VERTICES PARTNERS represented its long-standing client Aavishkaar Capital in relation to the Series C round of funding in Altum Credo Home Finance Private Limited led by Z3Partners and Oikocredit. The transaction was led by Partner Vikrant Anand, along with Associate Nishtha Khandelwal and Associate Garima Thukral. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS Represented Its Clients Gojo & Company, Inc. Investment Of Approximately Us$ 11 Mn In Ananya Finance For Inclusive Growth Private Limited Through A Mix Of Primary Investment And Secondary Transaction.

Nature of Transaction: Private Equity | Sector: Micro Finance

VERTICES PARTNERS represented its long-standing client Gojo & Company, Inc. in relation to the fundraise and acquisition. The transaction was led by Partner Vikrant Anand, along with Senior Associate Varun Kaka and Associates Nisha Dharod and Ms. Liji Thomas. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS Presented Its Long-standing Client Battery Smart As It Raises $45m Led By Acacia Inclusion And Others In The Series B Fundraise.

Nature of Transaction – Private Equity | Sector – Renewable Energy

VERTICES PARTNERS represented its long-standing client Battery Smart [Upgrid Solutions Private Limited] in relation to the Series B round of funding led from Acacia Inclusion Limited, MUFG Bank, Blume Ventures, The Ecosystem Integrity Fund, and British International Investment. The transaction was led by Partner Vikrant Anand, along with Senior Associate Varun Kaka, Associate Manager Prerna Bharti, and Associates Yatin Chandra and Liji Anna Thomas. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS PRESENTED ITS LONG-STANDING CLIENT ABLER NORDIC FUND IV KS AND OIKOCREDIT ECUMENICAL DEVELOPMENT COOPERATIVE SOCIETY U.A IN THE APRWOOD PARTNERS- SEWA GRIH RIN LIMITED DEAL.

Nature of Transaction – Private Equity | Sector – Housing Finance

VERTICES PARTNERS represented its long-standing client Abler Nordic Fund IV KS and Oikocredit Ecumenical Development Cooperative Society U.A, in protecting their rights as existing investors in Sewa Grih Rin Limited as Aprwood Partners buys controlling stake. The transaction was led by Partner Vikrant Anand, along with Senior Associate Nishant Singh, and Associate Yatin Chandna. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS REPRESENTED ITS CLIENT AGNEXT TECHNOLOGIES PVT LTD IN RELATION TO SERIES B ROUND OF FUNDING FROM NOVO HOLDING A/S.

Nature of Transaction – Private Equity | Sector – AgriTech

VERTICES PARTNERS represented its client AgNext Technologies Pvt Ltd in relation to the Series B round of funding from Novo Holding A/S.  The transaction was led by Partner Vikrant Anand, along with Associates Gauranshi and Nishtha Khandelwal. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS REPRESENTED ITS CLIENT GREYLABS AI [AHG TECHNOLOGIES PRIVATE LIMITED] AS IT RAISES USD 1.5MN DOLLARS IN SEED SERIES ROUND FUNDRAISE

Nature of Transaction – Venture Capital | Sector – Artificial Intelligence

VERTICES PARTNERS represented its client GreyLabs AI [AHG Technologies Private Limited] in relation to the Seed Series round fundraise. The transaction was led by Partner Vani Panicker along with Senior Associate Varun Kaka and Associate Manager Sucharita Manjunath.

VERTICES PARTNERS REPRESENTED ITS CLIENT OPA MARKETING TECH PRIVATE LIMITED IN RELATION TO THE ACQUISITION BY WONDRLAB INDIA

Nature of Transaction – Acquisition | Sector – Technology [Marketing]

VERTICES PARTNERS represented its client OPA Marketing Tech Private Limited in relation to the acquisition by Wondrlab India acquiring major shareholding (61%) in OPA Marketing Tech Private Limited. The transaction was led by Partner Vikrant Anand along with Senior Associate Nishant Singh and Associates Vidhi Shah and Tejas Jaiswal.

VERTICES PARTNERS REPRESENTED ITS CLIENT BASIC HOME LOANS [BASIC ENTERPRISES PRIVATE LIMITED] AS IT RAISES USD10.6 MN DOLLARS (RS 87.5 CRORES) IN A SERIES B FUNDRAISE

Nature of Transaction –Private Equity | Sector – FinTech

VERTICES PARTNERS represented its client Basic Home Loans [Basic Enterprises Private Limited] in relation to the Series B fundraise. The transaction was led by Partner Vikrant Anand along with Senior Associate Nishant Singh, Associate Manager Sucharita Manjunath and Associate Hemant Srivastava.

VERTICES PARTNERS REPRESENTED ITS CLIENT FINOVA CAPITAL AS IT RAISES $135 MILLION [₹1,135CRORE] IN RELATION TO THE SERIES E FUNDING ROUND

Nature of Transaction –Private Equity | Sector – NBFC

VERTICES PARTNERS represented its client Finova Capital in relation to the Series E funding round. The transaction was led by Partner Vikrant Anand along with Senior Associates Varun Kaka and Anushree Pathak and Associate Manager Nisha Dharod. Founder and Managing Partner Vinayak Burman provided strategic inputs.

VERTICES PARTNERS represented Beyond Appliances (ByondNxt Smart Home Private Limited) as it raised $2 million (₹17 crore) in a Series Seed CCPS fundraise

Nature of Transaction –Private Equity | Sector – Consumer – D2C

VERTICES PARTNERS represented its client Beyond Appliances (ByondNxt Smart Home Private Limited) as it raised $2 million (₹17 crore) in a Series Seed CCPS fundraise, led by Fireside Ventures. The transaction was led by Vikrant Anand (Partner), along with Varun Kaka (Senior Associate), Nishtha Khandelwal (Associate), Ayushi Narayan (Associate) and Stuti Jain (Associate). Founder and Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS REPRESENTED ITS CLIENT ATLAS COPCO INDIA PRIVATE LIMITED IN RELATION TO THE 100% ACQUISITION OF TRIDENT PNEUMATICS PRIVATE LIMITED

Nature of Transaction –Mergers and Acquisition | Sector – Manufacturing

VERTICES PARTNERS represented its client Atlas Copco India Private Limited in relation to the 100% acquisition of Trident Pneumatics Private Limited. As a part of the transaction, Atlas Copco Group also acquired 100% shareholding of V.O.L Industries limited, a Canadian entity.  The transaction was led by Partner, Rajat Agarwal, Associate Manager, Nisha Dharod and Associate Cashmira Poonacha. Founder and Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS REPRESENTED ITS CLIENTS PERPETUITY CAPITAL, AS IT RAISED USD 400,000 [₹7.5 CRORES] FROM MULTIPLE INVESTORS

Nature of Transaction –Private Equity | Sector – Fintech

VERTICES PARTNERS represented its client Perpetuity Capital in relation to the Series Seed CCPS Fundraise from notable investors Inderpreet Wadhwa, Sudhir Kothari, Silver Pearl Limited and Baid Holdings. The transaction was led by Partner, Vikrant Anand, Senior Associates, Nishant Singh and Shagun Rathi and Associates Amit Shekhar Dutta and Tejas Jaiswal. Founder and Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS represented its client HostBooks in relation to the Series A1 CCPS Fundraise.

Nature of Transaction –Private Equity |Sector – Saas, AI

VERTICES PARTNERS represented its client HostBooks in relation to the Series A1 CCPS Fundraise. The transaction was led by Founder and Managing Partner Vinayak Burman, Partner, Vikrant Anand, Senior Associate, Prerna Bharthi and Associates Hemant Srivastava, Ayushi Narayan and Liji Anna Thomas.

VERTICES PARTNERS represented its client Zetwerk Manufacturing Businesses in relation to the Joint Venture with Pennar Industries.

Nature of Transaction –Joint Venture | Sector – Renewable Energy

VERTICES PARTNERS represented its client Zetwerk Manufacturing Businesses in relation to the Joint Venture arrangement for the manufacturing of Solar Modules with Pennar Industries with a 50.1 % stake. The transaction was led by Senior Partner, Siddharth Raja, along with Partner Manu Varghese Senior Associate, Prerna Bharthi Associate Manager, Sucharita Manjunath and Associates Anushka Chaturvedi and Nachiket Jonnalagadda.

VERTICES PARTNERS represented its client AgriTech startup DeHaat [Green Agrevolution Private Limited] in relation to the acquisition of farm advisory platform AgriCentral

Nature of Transaction –Mergers and Acquisition | Sector – Agri-Tech

VERTICES PARTNERS represented its client AgriTech startup DeHaat [Green Agrevolution Private Limited] in relation to the acquisition of farm advisory platform AgriCentral from Olam Agri through a business transfer agreement.  The transaction was led by Founder and Managing Partner, Vinayak Burman along with Partner, Vikrant Anand, Senior Associate Nishant Singh and Associates Nishtha Khandelwal and Ayushi Narayan.

Debt Deals

VERTICES PARTNERS facilitates Namdev Finvest in raising INR 20,00,00,000 in debt funds through issuance of Non-Convertible Debentures

VERTICES PARTNERS acted as the legal counsel for the transaction. The team also offered legal advisory and facilitated communication with other stakeholders involved in the transactions.

The transaction was led by Partner Rajat Agarwal along with Associates Anubhav Khandelwal, Ritika Mathur and Mudit Ahuja. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS facilitates Save Microfinance in raising INR 35,00,00,000 in debt funds through issuance of Non-Convertible Debentures

VERTICES PARTNERS acted as the legal counsel for the transaction. The team also offered legal advisory and facilitated communication with other stakeholders involved in the transactions.

The transaction was led by Partner Rajat Agarwal, along with Associates Anubhav Khandelwal and Ritika Mathur. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS facilitates Veritas Finance in raising INR 55,00,00,000 in debt funds through issuance of listed Non-Convertible Debentures 

VERTICES PARTNERS acted as the legal counsel for the transaction. Additionally, the team extended legal advisory services, fostering seamless communication among all stakeholders involved. Furthermore, VERTICES PARTNERS played a pivotal role in facilitating the subsequent listing of the debentures on the Bombay Stock Exchange (BSE).

The transaction was led by Partner Rajat Agarwal, along with Associates Anubhav Khandelwal and Ritika Mathur. Founder & Managing Partner, Vinayak Burman provided strategic inputs.

VERTICES PARTNERS facilitates Namdev Finvest in raising INR 15,00,00,000 in debt funds through issuance of Non-Convertible Debentures 

VERTICES PARTNERS acted as the legal counsel for the transaction. The team also offered legal advisory and facilitated communication with other stakeholders involved in the transactions.

The transaction was led by Partner Rajat Agarwal along with Associates Anubhav Khandelwal and Ritika Mathur. Founder & Managing Partner, Vinayak Burman provided strategic inputs.