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Samvad scores 1st reported deal for Zomato on $210m Series I funding, with Trilegal for Ali

“Alibaba’s payment affiliate Ant Financial has pumped in another $210 million in restaurant discovery and food-delivery platform Zomato, as the company ramps of spending for its market leadership battle against rival Swiggy,” reported the Economic Times, about the unicorn’s Series I round of fundraising.

Samvad Partners partner Ashwini Vittalachar, senior associate Junaira Rahman and associate Riddhima Murjhani acted for Zomato, according to the firm’s press release.

Trilegal advised Ant Financial led by a team including partner Rohan Ghosh Roy, and associates Vinit Patwari and Divyajyot Verma.

Themis Associates Bangalore advised existing investor Sequoia Capital in the transaction.

Early this year, Zomato’s Series H of $200m from Ant had involved AZB & Partners for Zomato, while Trilegal had advised Ant Financial.

2018-11-21

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 here if you are working with a law firm that has not been credited for this deal, and we will update the report promptly.

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Like +2 Object -3 Scooter- 27 Nov 18, 18:42
AZB got booted?
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Like +3 Object -1 Law Firm Boy 27 Nov 18, 23:01
How much does Samvad charge? Anything close to Biglaw?
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Like +0 Object -1 Hammer 28 Nov 18, 10:27
Were there other investors? Since when do co's hire lawfirms for a right issue...
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4
Like +10 Object -1 Nishant Kalia 28 Nov 18, 10:49  interesting
Didn't know the Trilegal Alibaba team had anyone left aftr departure of Shrivastav and Prabhuji!!!
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Like +1 Object -0 Tiger 30 Nov 18, 10:29
RGT is there no?
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Like +1 Object -2 Ex - Tri 28 Nov 18, 17:41
They have Vinit Patwari! They dont need anyone else
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