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Samvad for Etechaces, Inventus on share sale to Trilegal’s Softbank (Dec ‘19)

Inventus Capital Partners Fund II made a secondary sale of shares in Etechaces Marketing and Consulting Private Limited to Softbank fund SVF Python II (Cayman) Limited.

Early-stage technology-focused fund Inventus Capital Partners recorded cash exits worth Rs 230 crore from three portfolio companies in December, including a partial sale in PolicyBazaar to Soft-Bank, and full exits in AasaanJobs to OLX, and eDreams to Reliance Industries, returning almost 96% of its second fund. Inventus invested Rs 10.7 crore in AsaanJobs across two funding rounds in 2015 and held close to a 15% stake in the firm, regulatory filings show.

The Economic Times

Samvad Partners advised Inventus Capital Partners Fund II Limited and Etechaces Marketing and Consulting Private Limited led by a team of partner Junaira Rahman, associate M V Abhinaya and associate Sindhujaa Nayak.

Trilegal,Mumbai acted as legal counsel to Softbank, via SVF Python II (Cayman) Limited, led by a team including partner Rohan Ghosh Roy, and associates Pulkit Chaturvedi, Divyajyot Verma and Akshath Mitthal.


Deal value: Confidential

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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