Novo Holdings has acquired a minority stake in AGNEXT Technologies as part of the Series B investment round. Khaitan & Co advised Novo Holdings on this transaction. The Firm advised on all aspects of the transaction including structuring, due diligence, transaction documentation and closing. The core team consisted of Kartick Maheshwari (Partner), Aashutosh Sampat (Partner), Nayantara Kutty (Partner), Gunsaheb Singh (Principal Associate), Reshma Abraham (Principal Associate), Vismita Gahlot (Senior Associate) and Yashvi Chaitanya Shah (Associate) with assistance from the following: Data privacy aspects: Supratim Chakraborty (Partner), Sumantra Bose (Counsel) and Himeli Chatterjee (Associate); Employment law aspects: Deepak Kumar (Partner), Archika Dudhwewala (Senior Associate) and Varsha Sankara Raman (Associate); Intellectual property aspects: Adheesh Nargolkar (Partner), Shailendra Bhandare (Partner), Janaksinh Jhala (Counsel), Sourav Dan (Principal Associate) and Kinjal Parikh (Associate); Taxation aspects: Ritu Shaktawat (Partner), Rahul Jain (Director), Bharat Jain (Principal Associate) and Husain Bohra (Senior Associate); Closing assistance: Jahanvi Tuli (Associate) and Unnati Goel (Associate). JSA advised Omnivore and Alpha Wave Incubation, existing investors, on this fundraise. The transaction team consisted of Siddharth Mody (Lead Partner), Rahul Deodhar (Partner) and Prerana Chaudhari (Principal Associate). AgNext Technologies Private Limited is a breakthrough agricultural and food technology company enhancing trust along the food chains by innovating artificial intelligence-based food quality assessment technologies. source : https://www.barandbench.com/dealstreet/khaitan-co-advises-novo-holdings-on-acquisition-of-stake-in-agnext-technologies

Battery Smart (Upgrid Solutions Private Limited) has raised $45M from a Series B fundraise led by Acacia Inclusion Limited, MUFG Bank, Blume Ventures, The Ecosystem Integrity Fund, and British International Investment. VERTICES PARTNERS represented Battery Smart in this transaction. The transaction team was led by Vikrant Anand (Partner) along with Varun Kaka (Senior Associate), Prerna Bharti (Associate Manager), Yatin Chandra (Associate) and Liji Anna Thomas (Associate). Founder & Managing Partner, Vinayak Burman provided strategic inputs. Vinayak Burman, Vikrant Anand Shardul Amarchand Mangaldas & Co advised LeapFrog with the team lead by Anuj Bhasme (Partner), along with Hardik Thakker (Principal Associate),Rishikesh Desai (Principal Associate), Anish Kapoor (Senior Associate) and Aakash Rao (Associate). Anuj Bhasme Trilegal advised MUFG Bank Limited with a team led by Kabeer Mathur (Partner), Komal Dani (Partner), along with Esha Himadri (Senior Associate), Chinmay Bilgi (Senior Associate), Dhaval Mehta (Associate), Harshit Dhandhia (Associate), Aparna Krishnakumar (Associate) and Akshar Bharadwaj (Associate). Kabeer Mathur, Komal Dani Tiger Global was advised by AZB & Partners with a team led by Gautam Rego (Partner), Karishma Dugar (Senior Associate), Ritum Kumar (Associate), Sukeshi Singh (Associate) and Neha Rajan (Associate), and Gunderson Dettmer, team led by Samuel S. Feldman (Associate) and Jessica S. Hart (Associate). Gautam Rego Burgeon Law advised Orios Venture Partners with a team led by Ankit Bhasin (Partner) along with Aastha Agarwal (Senior Associate), and Saransh Agarwal (Associate). Ankit Bhasin Goodwin Law advised Ecosystem Integrity Fund IV, LP represented by Asmita Mishra (Associate). Source : https://www.barandbench.com/dealstreet/battery-smart-raises-45m-in-a-series-b-fundraise-8-firms-act-on-deal

Altum Credo Home Finance Private Limited has raised approximately ₹333.2 crore ($40 million) from a Series C fundraise from several private equity investors. The investors who participated in the primary equity funding round are Z3Partners, Oiko Credit, British International Investment, Aavishkaar Capital, and Amicus Capital. In addition to the primary round, some investors (including Aavishkaar Capital) also participated in the secondary transaction. Pioneer Legal advised Altum Credo on this fundraise. The transaction team consisted of Narendra Dingankar (Partner), Adwait Munje (Principal Associate), Shreya Gokhale (Associate) and Jinal Shah (Associate) Narendra Dingankar VERTICES PARTNERS advised Aavishkaar Capital in this fundraise. The transaction team was led by Vikrant Anand (Partner), along with Nishtha Khandelwal (Associate) and Garima Thukral (Associate). Founder & Managing Partner, Vinayak Burman provided strategic inputs. Vinayak Burman, Vikrant Anand Trilegal advised Z3Partners with a team led by Nikhil Sachdeva (Partner). Nikhil Sachdeva Aarambh Legal advised Oiko Credit with a team led by Vishnu Nair (Partner). Source : https://www.barandbench.com/dealstreet/pioneer-legal-trilegal-arambh-legal-vertices-partners-act-on-altum-credo-series-c-fundraise

Gojo & Company, Inc. has invested approximately ₹91.7 crore ($11 million) in Ananya Finance for Inclusive Growth Private Limited through a mix of primary investment and secondary transaction. VERTICES PARTNERS represented its long-standing client Gojo & Company, Inc. in relation to the fundraise and acquisition. The transaction team was led by Vikrant Anand (Partner), along with Varun Kaka (Senior Associate), Nisha Dharod (Associate) and Liji Thomas (Associate).  Founder & Managing Partner, Vinayak Burman provided strategic inputs. Vinayak Burman, Vikrant Anand Wadia Ghandy & Co advised Ananya Finance with a team led by Karishma Baria (Partner). source : https://www.barandbench.com/dealstreet/vertices-partners-wadia-ghandy-act-on-gojo-company-investment-in-ananya-finance