Khaitan & Co advised General Catalyst in connection with its ~USD 14 million investment as lead investor in a USD 20 million financing round in Constelli Signals Pvt Ltd (“Constelli”).
Constelli is engaged in design, development and sale of electronic systems and solutions including digital telemetry receiver, compact telemetry station, digital telemetry transmitter, drone-based telemetry receiver payload, RADAR based echo simulator, Constelli RADAR toolkit, LabVIEW and electronic warfare signal generation suite.
The deal was assisted by:
Corporate & Commercial: Anannya Wal (Associate)
Intellectual property: Nirupam Lodha (Partner), Shivangi Narang (Principal Associate) and Akriti Shashni (Associate)
Defence: Kabir Bogra (Partner), Raarah Gurjar (Principal Associate) and Laksh Manocha (Senior Associate)
The core transaction team comprised of Bharat Anand (Senior Partner), Nidhi Killawala (Partner), Anupama Singh (Principal Associate), Shatakshi Gupta (Senior Associate) and Mohammad Kaif (Associate)