•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

L&L acts for Tencent with JSA on $156m Swiggy Series I (!)

Bundl Tecnhologies Private Limited, operating as Swiggy has has raised further funds as part of its Series I funding round, with the current tranche led by Chinese investors Tencent, with Ark Impact Investments, Korea Investment Partners, and MACM India Growth Fund also participating. The total Series I funding stands at approximately $156m to date. Previous investors in Series I funding include Naspers, along with Meituan Dianping and Wellington Management Company, as reported by Business Standard and others.

L&L Partners advised Tencent Cloud Europe led by a team of with a team led by partners Vaibhav Kakkar and Snigdhaneel Satpathy and consisting of associates Debarpan Ghosh and Ritvika Thakur.

Update 17 April 2020: J. Sagar Associates advised Mirae (MACM India Growth Fund) led by a team including partner Manav Raheja and associate Gaurav Matta.

2020-04-03

Deal value: US$156 million

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 to show 1 comment
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.