Delhi-headquartered ecommerce company FableStreet, on ... December 9 ... announced that it has closed $2.95 Mn (INR 20 Cr) Series A funding round. The investment was led by Fireside Ventures, with the participation of Pradeep Parameswaran, president for Uber India and South Asia; Dilip Khandelwal, MD and head of Technology of Deutsche Bank and Suhail Sameer, CEO at RP-Sanjiv Goenka Group (FMCG).
— Inc42

Sahai & Co advised Fable Street Lifestyle Solutions Private Limited led by partner Savyasachi K Sahai.

Cyril Amarchand Mangaldas acted for Fireside Ventures partner Akshay Bhat, principal associate Harish S and Associate Imaduddin Syed.

Other investors included Pradeep Parameswaran, president for Uber India and South Asia; Dilip Khandelwal, MD and head of Technology of Deutsche Bank and Suhail Sameer, CEO at RP-Sanjiv Goenka Group (FMCG).

2019-12-09

Deal value: Approx USD 2.95 Million

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