Khaitan & Co represented Astanor Ventures in its investment in the Series A funding round of USD 22 million in Farmjunction Marketing Private Limited (d/b/a Tractor Junction) in which InfoEdge Ventures and Omnivore also participated.
The Firm role included conducting due diligence, drafting and negotiating transaction documents on behalf of Astanor.
The deal team included Sudhir Bassi (Executive Director - Capital Markets), Thomas George (Partner), Poorvi M Jain (Principal Associate), Jash Botadra (Associate), Sanjeev Ramakrishnan (Associate), and Anand Sivasankaran (Associate) and with assistance from Nayonika Chatterji (Associate).
The deal was assisted by:
Direct tax: Vinita Krishnan (Executive Director) and Hussain Bohra (Senior Associate)
Intellectual Property: Sourav Dan (Counsel)