October 3, 2020
Shardul Amarchand Mangaldas acted for Inshorts Group on its USD 35 million fund raise from Addition funds, SIG Global and Tanglin Venture Fund. Inshorts Group run India’s largest location based social network “Public” app as well as India’s largest English news aggregator app “Inshorts”.
The transaction was led by Puja Sondhi, Partner; Sumeet Singh, Partner; Roma A. Das, Senior Associate; Rachel Noronha, Associate; and Sadhika Gulati, Associate. Abhay J.V., Partner, and Apoorva Murali, Senior Associate advised on intellectual property law aspects and Shahana Chatterji, Partner; Raktima Roy, Senior Associate; and Veda Handa, Associate advised on data privacy aspects.
Gunderson Dettmer, Singapore acted for the Addition funds; FS Law, Singapore acted for SIG and Khaitan & Co. acted for Tanglin.
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