SAM, Khaitan, Ahlawat act on $0.6m Paytm pre-Series A investment into social sports app Rooter

Friday, 1 May 2020 By Legally India Private equity / VC

One97 Communications Ltd, the parent company of Paytm, plans to invest ₹5 crore in sports fan engagement platform, Rooter Sports Technologies, as part of its pre-Series A round, according to two people aware of the deal.

— Mint

Shardul Amarchand Mangaldas & Co advised One97 Communications Limited led by a team of partner Raghubir Menon, partner Natashaa Shroff and senior associate Dipayan Bhattacherjee.

Ahlawat & Associates advised Rooter Sports Technologies Private Limited led by a team of partner Uday Singh Ahlawat, senior associate Sheena Ogra, associate Geetika Kohli and associate Disha Toshniwal.

Khaitan & Co also advised Rockstud Capital LLP led by a team including partner Mayank Singh, senior associate Shivam Tandon, associate Deeksha Agarwalla.

2020-04-25

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Shardul Amarchand Mangaldas & CoAhlawat & AssociatesKhaitan & CoShardul Amarchand Mangaldas

Comments

penniea 1 May 2020, 18:16
+1 -2
paytm should do these deals inhouse rather than take a huge law firm.
see the deal size.
Insider 2 May 2020, 13:29
+2 -4
The in-house legal team of Paytm is not efficient enough to close transactions and hence SAM is required to step in!!
Paytm 2 May 2020, 14:11
+2 -2
We can afford big law firms - don't cry just because your firm isn't good enough to represent us.
Insider 2 2 May 2020, 20:25
+1 -3
Yeah..quite evident..as anyway you are bearing the burden of your [...] Poor champ.. [...]
Guest 15 May 2020, 05:35
+0 -0
SAM, CAM, S&R among others were involved in the Series G US$1 billion fund raise by Paytm late last year-wonder why Raghubir hasn't reported that?
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