VERTICES PARTNERS advised its long-standing clients* PLIX (Satiya Nutraceuticals Private Limited)* and* Promoters of the company – Mr. Rishubh Satiya and Mr. Akash Hiren Zaveri*, as they sold an additional 24.09% stakes to Marico Limited for INR 1012 Crores (USD 105.42 Million), in this Mergers and acquisition transaction. This brings Marico’s total holding in the startup to 84.09%. Marico has earlier acquired 37.75% stake in D2C nutrition brand Plix for ₹369.01 Cr in July 2023, and it further acquired 25.25% of the paid-up share capital by May 2025. Marico Limited plans a complete buyout of the startup by July 2027. The transaction was led by Founder and Managing Partner, Vinayak Burman along with a team that included Partner, Vikrant Anand, Principal Associate, Varun Kaka, Associate Manager, Nishtha Khandelwal, and Associate, Tushar Patial. Media Link: https://economictimes.indiatimes.com/markets/stocks/news/marico-raises-stake-in-plix-parent-to-84-09-q2-revenue-expected-to-grow-in-double-digits/articleshow/134711889.cms?from=mdrhttps://inc42.com/buzz/marico-acquires-additional-stake-in-plix-for-%E2%82%B91012-cr-to-complete-buyout-by-july-2027/https://entrackr.com/news/marico-acquires-2409-additional-stake-in-plix-parent-for-rs-1012-cr-12626990https://www.bwdisrupt.com/article/marico-raises-plix-stake-to-84-09-with-rs-1-012-cr-acquisition-626980

VERTICES PARTNERS advised its long-standing clients the Promoters and the Promoters Group of Glass Wall Systems India Limited, as it proposed an initial public offering (IPO) of equity shares of Glass Wall Systems (India) Limited, aggregating up to ₹4,278.90 million [USD 44.58 Million]. The transaction was led by Founder and Managing Partner, Vinayak Burman along with a team that included Partner, Vishal Mehta and Associate Darshan Chheda. Media Link: https://www.barandbench.com/law-firms/dealstreet/khaitan-co-jsa-hogan-lovells-cadwalader-vertices-partners-act-on-glass-wall-systems-427-crore-ipo

VERTICES PARTNERS advised its client Curaa [Mojojojo Creators Private Limited] a New Delhi based Kitchen and Lifestyle Brand, as it raised INR 40 Crores [USD 4.18 Million] in a Series A funding round led by 3one4 Capital, with participation from existing investors Kae Capital, Lumikai Fund, and Better Capital. The fresh capital will be used for product development, branding, and supply chain management, while also supporting its omnichannel expansion plans. The transaction was led by Partner Vishal Mehta along with a team that included, Associate Manager Nisha Dharod and Associate Abhishikha Moyal. Founder and Managing Partner Vinayak Burman provided strategic inputs. Media Link: https://www.barandbench.com/law-firms/dealstreet/vertices-partners-shardul-amarchand-mangaldas-ic-regfin-legal-act-on-craa-series-a-fundraise

VERTICES PARTNERS advised its client Ledgers Fintech Limited [a subsidiary of EQL Limited] as it entered into a strategic partnership with A&A Associate LLC to form Ledgers Plus Accounting LLC, and expand their outreach of Fintech products, including AI powered accounting, CRM, and related financial software and services, in UAE. The partnership reflects Ledgers commitment to delivering a trusted accounting platform that helps businesses across the UAE stay compliant, simplify financial management, and operate with confidence. The transaction was led by Partner Vishal Mehta along with a team that included, Associates, Darshan Hampannavar and Darshan Chheda. Founder and Managing Partner Vinayak Burman provided strategic inputs. Media Link: https://www.barandbench.com/law-firms/dealstreet/vertices-partners-assists-ledgers-on-entry-into-uae

VERTICES PARTNERS represented its long-standing client Apna Mart (Fleet Labs Technologies Private Limited) as it raised fresh funds of INR 120 Crores [USD 12.7 Million] in Series C funding round co-led by existing investors Accel India and Fundamentum, with participation from Peak XV Partners. The newly raised capital to support capital expenditure, strengthen working capital, and meet other business requirements as it scales operations across India. The transaction was led by Founder and Managing Partner Vinayak Burman and Partner Vishal Mehta along with a team that included, Associate Manager, Nisha Dharod and Associate, Abhishikha Moyal. Media Link: https://www.barandbench.com/dealstreet/vertices-partners-acts-on-apna-mart-120-crore-series-c-fundraise