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Cyril Amarchand Mangaldas advises Amagi Media and its Promoters on Series F fundraise from General Atlantic

By ANI | Updated: December 21, 2022 22:20 IST

Cyril Amarchand Mangaldas advised Amagi Media Labs Private Limited ("Amagi Media") and its Promoters in relation to investment by General Atlantic in the Series F fundraising of Amagi Media.

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Cyril Amarchand Mangaldas advised Amagi Media Labs Private Limited ("Amagi Media") and its Promoters in relation to investment by General Atlantic in the Series F fundraising of Amagi Media.

The transaction involved primary share subscription, and secondary purchases; and transaction value of approximately USD 100 million.

The General Corporate Practice of Cyril Amarchand Mangaldas advised Amagi Media and its Promoters on the transaction.

The transaction team was led by Trayosha Darapuneni, Partner; with support from Vaishali Vinod, Senior Associate; and Medha Kagali, Associate.

Other Parties and Advisors to the transaction included BSR & Company (acted as tax advisor for Amagi Media); Premji Invest (existing investor); Accel India VI Mauritius Limited and Accel Growth Holdings VI Mauritius Limited (existing investor); Avataar Holdings and Avataar Venture Partners I (existing investor); Bharucha & Partners (acted as legal counsel for General Atlantic) and KMPG (acted as tax counsel for General Atlantic).

The transaction was signed on 19th October 2022; and closed on 10th November 2022.

This story is provided by BusinessWire India.will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Amagi Media Labs Private LimitedGeneral corporate practice of cyril amarchand mangaldasTrayosha darapuneniCyril Amarchand Mangaldas
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