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

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...


IndusLaw advised Zomato Private Limited led by a team of senior partner Suneeth Katarki, partner Pallavi Kanakagiri, senior associate Anantha Krishnan Iyer, senior associate Shweta Adhikari, associate Nishihi Shah and associate Shreyas 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 partner Vaibhav Kakkar, partner Avisha Gupta and associate Debarpan Ghosh.

Shardul Amarchand Mangaldas acted for Luxor, led by partner Nivedita Tiwari, partner Prashant Gupta, principal associate Devesh Pandey and associate Axay Satagopan.

Shardul Amarchand Mangaldas also acted for Kora led by partner Jay Gandhi, principal associate Abhishek Parekh, senior associate Natalee Nanda and associate Joanna Barretto.

AZB & Partners acted as counsel to Fidelity, led by partner Vipul Jain, senior associate Tanya Pahwa and associate Saras Muzumdar.

AZB & Partners also acted as counsel for Tiger Global with partners Ashwath Rau and Jasmin Karkhanis, and associates Rina Goyal and Rashmee Kumar.

Khaitan & Co was counsel for D1 Capital with a core team comprising of partner Rabindra Jhunjhunwala, partner Rishabh Bharadwaj, principal associate Purti Minawala, senior associate Ayush Nanda and associate Rakshitha Naik.

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

Gunderson Dettmer was international counsel for Tiger Global with partner Jonathan Pentzien, associate David He and associate Soo Guo Kai.


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.

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