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Universal Legal, Amarchand Mangaldas, Wadia Ghandy on Aavishkar, Fidelity's $13m PE in Milk Mantra

Universal Legal advised Aavishkaar India II and Amarchand Mangaldas advised Fidelity Growth Partners India in investing Rs 80 crore ($13m) in Orissa-based dairy Milk Mantra which was advised by Wadia Ghandy.

Universal partner Sameena Chatrapathy and associate Shreya Deora acted for existing investor Aavishkar.

Amarchand Bangalore partner Arjun Lall acted for Fidelity.

Wadia Ghandy senior associate Shreya Desai and associate Karishma Baria acted for Milk Mantra.

The series C funding round provided an exit to most of the angel investors and Aavishkaar India Micro Venture Capital Fund, reported Mint.

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