Ad tech startup “Affle added Indian hedge fund Malabar Investments to its list of backers”, reported YourStory. The deal took place via a secondary sale of the shares of Affle (India) Private Limited to Malabar India Fund Limited and Malabar Value Fund.

ARA Law advised Malabar India Fund Limited and Malabar Value Fund led by a team of managing partner Rajesh Begur and lawyer Priyesh Sharma, who co-heads M&A.

2018-07-12

Deal value: USD 17 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.