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Khaitan acts for Softbank on $100m Series D into MindTickle with JSA

metadesc: Khaitan & Co advised Softbank (Sb Investment Advisers (UK) Limited) led by a team of partner Bharat Anand, principal associate Nidhi Killawala,

Sales enablement platform MindTickle has raised $100 million in a mix of equity and debt funding, led by Japan’s SoftBank Vision Fund 2, along with participation from existing investors Norwest Venture Partners, Canaan, NewView Capital and Qualcomm Ventures. The latest investment will see the Silicon Valley and Pune-based startup’s valuation double to around $500 million post-money, from when it raised $40 million led by Norwest Venture Partners in July last year.

The Economic Times

Khaitan & Co advised Softbank (Sb Investment Advisers (UK) Limited) led by a team of partner Bharat Anand, principal associate Nidhi Killawala, principal associate Aditya Singha, senior associate Shivam Tandon and associate Pranay Kapoor with assistance on direct tax aspects from partner Indruj Singh Rai, and on regulatory aspects by partner Moin Ladha.

Update 23 December: J Sagar Associates (JSA) advised MindTickle Inc. led by a team of partner Sidharrth Shankar, partner Shantanu Jindel, senior associate Shweta Gupta and associate Dhruv Malhotra.

2020-11-06

Deal value: USD 100 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.

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