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Nishith Desai for Tiger Global, DST with K Law in $30m NestAway series C

Nishith Desai Associates Mumbai acted for Tiger Global and DST Global, which invested $30m (Rs 200 crore) in a series C round in home rental company NestAway, which was advised by K Law.

K Law acted for NestAway and existing investor IDG Ventures with a team led by Bangalore partner Abhinav Singh with senior associate Puneet Parihar and associate Keertan Sreekumar.

Nishith Desai Associates Mumbai's Karan Kalra and Abhinav Harlalka acted for Tiger and DST

Tiger Global also drew in long-standing international and US legal adviser Gunderson Dettmer in New York and DST's non-Indian law advice was led by New York-based general counsel Breck Hancock and assistant GC Matthew Brush.

"NestAway manages a homeowner’s rental property throughout the rental life cycle, from showing the house to a prospective tenant and closing the rental agreement to collecting rent on the owner’s behalf and assisting the tenant and owner during move-out. The company charges a small percentage of the monthly rent it generates from the house as commission," reported Mint .

The deal closed around the end of May.

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