“In April last year, ecommerce giant Amazon had invested Rs 144 crore in Capital Float, a transaction that was an extension of the startup’s Series-C round. The Bengaluru-based company also counts Sequoia India, SAIF Partners, Aspada Investments, Creation Investments Capital Management and Ribbit Capital among its list of institutional backers,” reported the Economic Times.

Shardul Amarchand Mangaldas & Co advised Amazon.com Inc led by a team of partner Raghubir Menon; partner Natashaa Shroff; senior associate Aritra Roy and associate Tanmayee Chaulkar. Due Diligence Team: partner Natashaa Shroff; senior associate Aritra Roy; associate Pracheta Redhu; associate Aishwarya Narayanan; and associate Aditya Seth. Banking and Finance Advisory: partner Shubhangi Garg.

2018-04-05

Deal value: US$ 22 million

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