VERTICES PARTNERS represented its long-standing clients Abler Nordic Fund V KS and First Bridge India Growth Fund as it invested ₹150 Crores [USD 17MN]. This round was led by Abler Nordic, along with the participation from First Bridge India, while Berar Finance Limited’s first institutional investor made a partial exit. The fresh capital will be used to deepen Berar’s two-wheeler financing presence and expand its secured MSME loan portfolio.  The transaction was led by Founder and Managing Partner, Vinayak Burman, along with a team that included Partner, Vikrant Anand, Principal Associate, Nishant Singh, Associate Manager, Nishtha Khandelwal and Associate Srishti Singh., provided strategic inputs. Image Source – https://www.barandbench.com/dealstreet/chugh-universal-vertices-partners-jmp-act-on-berar-finance-150-crore

VERTICES PARTNERS represented its long-standing clients Sugar Cosmetics [Vellvette Lifestyle Private Limited] as it raised ₹15 Crores in Venture Debt from Stride Ventures Debt Fund.  The funds raised will be used for working capital purposes The transaction was led by Founder and Managing Partner, Partner Vinayak Burman, along with Partner Vikrant Anand, Senior Associate Anushree Pathak, Associate Manager Mitali Hakani, and Associate Srishti Singh  Image Source – https://www.barandbench.com/dealstreet/vertices-partners-bombay-law-chambers-act-on-sugar-cosmetics-raising-funds-from-stride-ventures

VERTICES PARTNERS represented its long-standing clients Sugar Cosmetics [Vellvette Lifestyle Private Limited] as it partnered with Myntra, the fashion ecommerce retailer, in a joint venture to introduce Molten Beauty, a new skincare and makeup brand aimed at young Indian consumers. The transaction was led by Founder and Managing Partner, Partner Vinayak Burman, along with Partner Vikrant Anand, Principal Associate Varun Kaka, Senior Associate Anushree Pathak, and Associates Srishti Singh and Jigar Mehta.  Image Source – https://www.barandbench.com/dealstreet/sugar-cosmetics-and-myntra-launch-molten-beauty-vertices-partners-khaitan-co-advise

VERTICES PARTNERS represented its long-standing clients Sugar Cosmetics [Vellvette Lifestyle Private Limited] as it raised US$ 4.5 million in Series D from its existing investors Anicut Equity Continuum Fund, Elevation Capital VI Limited, A91 Emerging Fund I LLP, LCA Celestial Pte Ltd and Malabar India Fund Limited.  The transaction was led by Founder and Managing Partner, Partner Vinayak Burman, along with Partner Vikrant Anand Senior Associate Anushree Pathak, and Associates Srishti Singh, Stuti Jain and Jigar Mehta. Image Source – https://www.barandbench.com/dealstreet/vertices-partners-jsa-tta-act-on-sugar-cosmetics-series-d-fundraise

VERTICES PARTNERS represented its client, Knowledge Marine & Engineering Works Limited as it raised ₹240 Crores (USD 27.20 million) through a preferential issue of equity shares to funds advised by Convergent Finance LLP, namely for Infinity Direct Holdings, Infinity Direct Capital and Infinity Partners II – Direct. As part of this round, funds advised by Convergent Finance LLP are to be invested for a 10.3% stake in the Company.The transaction was led by Founder and Managing Partner, Vinayak Burman, along with a team that included, Partner, Vishal Mehta, Senior Associates, Shagun Rathi and Amit Shekhar Associate, and Associate, Stuti Jain. Image Source – https://www.barandbench.com/dealstreet/vertices-partners-ramanathan-vahanvati-act-on-knowledge-marine-engineering-works-240-crore-fundraise