Bertelsmann Nederland B.V | Investment in Krishiacharya Technologies Pvt. Ltd
|
NO |
HEADINGS |
DETAILS |
| 1. | Sector | Agri Tech |
| 2. | Announcement Date | |
| 3. | Completion Date | 07-Feb-2022 |
| 4. | Name of Client | Bertelsmann Nederland B.V |
| 5. | Investor Details | Bertelsmann Nederland B.V. | Netherlands RTP Global Partners III L.P. | GUERNSEY Surge Ventures II | Mauritius ON Mauritius II | Mauritius BI Fund I A series of Better Capital LP | United States of America |
| 6. | Target Details | Krishiacharya Technologies Private Limited | India |
| 7. | Deal Description | Advised Bertelsmann Nederland B.V. for its investment in Krishiacharya Technologies Private Limited (“Company”, which inter alia runs the online B2B platform ‘BIJAK’ for agricultural commodities) as the lead investor in the USD 20 million (approx.) Series B funding round of the Company. |
| 8. | Total Consideration | USD 20 million |
| 9. | Team Members | The core team consisted of Mayank Singh (Partner), Mukul Aggarwal (Principal Associate), Swati Garg (Associate), Jubin Jay (Associate) and Aditya Wadhwa (Associate) |
| 10. | Role of Firm | Advised Bertelsmann Nederland B.V. for its investment in Krishiacharya Technologies Private Limited |
| 11. | Other legal advisors if any with names of Lead Lawyers | Target company represented by Krishnamurthy & Co. Mumbai |