VERTICES PARTNERS advised agriTech startup DeHaat (Green Agrevolution Private Limited) on acquiring farm advisory platform AgriCentral from Olam Agri through a business transfer agreement. VERTICES PARTNERS represented DeHaat on this acquisition. The transaction team was led by Vinayak Burman (Founder and Managing Partner), Vikrant Anand (Partner), Nishant Singh (Senior Associate), Nishtha Khandelwal (Associate) and Ayushi Narayan (Associate). VERTICES PARTNERS had also advised DeHaat when the company had acquired Freshtrop Fruits. DeHaat DeHaat is an Indian agritech platform that offers a comprehensive suite of agricultural services to farmers. It operates as a business-to-farmer (B2F) platform, providing access to agricultural inputs (seeds, fertilizers, pesticides), advisory services (crop planning, soil testing), financial services (credit and insurance), and market linkages (connecting farmers with buyers). Olam Agri is a global agribusiness company involved in the sourcing, processing, trading, and distribution of agricultural commodities. It operates across a wide range of agricultural value chains, including grains, oilseeds, rice, cotton, and pulses. Olam Agri works with farmers, suppliers, and customers around the world, connecting them to global markets. Source : https://www.barandbench.com/dealstreet/vertices-partners-advises-dehaat-on-acquisition-of-agricentral

VERTICES PARTNERS and Kaizen Law acted on HostBooks Limited’s $2.5 Million fundraise from Oranga Orbit LLP in Series A1 CCPS. VERTICES PARTNERS represented HostBooks on this transaction. The transaction team consisted of Vikrant Anand (Partner), Prerna Bharthi (Senior Associate), Hemant Srivastava (Associate), Ayushi Narayan (Associate) and Liji Anna Thomas (Associates). HostBooks Kaizen Law represented the investor Orange Orbit on this transaction. This investment is a part of the a larger $15 million Series B funding round. Orange Orbit LLP has made a total investment of $5 million , of which the firm released the first tranche of $2.5 million. This funding will support HostBooks in expanding its AI-driven product offerings, strengthening its global reach, and bolstering its sales, marketing, and operations teams. HostBooks is a cloud-based business solutions provider specializing in accounting and compliance software. They offer a comprehensive suite of tools that help businesses manage their finances, including bookkeeping, invoicing, expense tracking, and financial reporting, while also automating crucial compliance tasks like GST filing, TDS returns, e-way bill generation, and payroll processing. By streamlining these processes, HostBooks aims to reduce manual work, improve efficiency, and ensure businesses remain compliant, offering tailored solutions for various industries and business sizes. Source : https://www.barandbench.com/dealstreet/vertices-partners-kaizen-law-act-on-hostbooks-securing-25-million-from-orange-orbit

VERTICES PARTNERS and Tempus Law advised Pennar Industries and Zetwerk Manufacturing Businesses on their joint venture agreement for the manufacturing of solar modules. VERTICES PARTNERS represented Zetwerk, who is holding 50.1% stake in this JV. The transaction team is led by Siddharth Raja (Senior Partner), along with Manu Varghese (Partner), Prerna Bharthi (Senior Associate), Sucharita Manjunath (Senior Associate), Anushka Chaturvedi (Associate) and Nachiket Jonnalagadda (Associate).   Founder and Managing Partner, Vinayak Burman provided strategic inputs. Siddharth Raja, Manu Varghese Tempus Law represented Pennar Industries, who is holding a 45% stake in this JV. The transaction team consisted of Sundari R Pisupati (Founder Partner), Raghav Agarwal (Associate Partner) and Shreshtha Sarkar (Senior Associate). The companies signed an agreement on December 31, 2024, to form a new company focused on manufacturing and selling solar modules. This includes plans to develop and operate a dedicated manufacturing facility catering to both domestic and international markets. Zetwerk will hold a 50.1% stake in the venture, while Pennar will own 45%, and other investors will hold the remaining 4.9%. This strategic partnership combines Pennar’s expertise in engineering and renewable energy solutions with Zetwerk’s manufacturing and distribution capabilities, positioning them to become a significant player in the solar module market. Pennar Industries Limited is a diversified engineering products and solutions company based in India. They specialize in the design, manufacture, and supply of a wide range of engineered products, primarily steel-based, serving various sectors including automotive, railways, infrastructure, power, and general engineering. Zetwerk is a business-to-business (B2B) manufacturing platform that connects manufacturing companies with suppliers of raw materials and components. Source : https://www.barandbench.com/dealstreet/vertices-partners-tempus-law-act-on-pennar-zetwerk-jv

Beyond Appliances (ByondNxt Smart Home Private Limited) has raised $2 million (₹17 crore) in a Series Seed CCPS fundraise, led by Fireside Ventures. VERTICES PARTNERS represented ByondNxt Smart Home on this fundraise. The transaction was led by Vikrant Anand (Partner), along with Varun Kaka (Senior Associate), Nishtha Khandelwal (Associate), Ayushi Narayan (Associate) and Stuti Jain (Associate). Founder and Managing Partner, Vinayak Burman provided strategic inputs. Vinayak Burman, Vikrant Anand Cyril Amarchand Mangaldas represented lead investor Fireside Ventures Investment Fund – III on this transaction. The transaction team consisted of Akshay Bhatt (Partner), Shweta Pandey (Principal Associate) and Abhinav Sankaranarayanan (Associate). Akshay Jeet Bhat Kaizen Law advised VY Dharana EM Technology Fund on this fundraise. Source : https://www.barandbench.com/dealstreet/vertices-partners-cam-kaizen-law-act-on-beyond-appliances-2-mn-fundraise