TRA represented healthcare startup MyDermacy.com in VC fund raise from China’s Cyber Carrier. Read article here
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TRA has advised Team Indus on its satellite launch contract with Antrix Corp, the commercial arm of the ISRO, which is the only Indian team competing for the Google-sponsored Lunar XPRIZE, which has set aside $20m for the first 90% privately-funded company to land a robot on the moon and send video footage of its 500mRead more
TRA represented ed-tech startup Makkajai Edu Pvt. Ltd. in its fundraise from Ananth Narayanan, CEO Myntra; Anand Chandrasekaran, former CP(roduct)O Snapdeal; Mekin Maheshwari, former CP(eople)O of Flipkart; Ravi Garikipati, head of engineering Flipkart; among others. Read More Here
Gurugram: MSD Telematics Private Limited on Wednesday announced the acquisition of Heuristics Info Systems in an all-cash deal. Sparrow Business Solutions LLP acted as the exclusive advisors to MSD and Heuristics on the transaction and TRA Law acted as the legal advisor on the deal. Read More Here
Online fashion rental start-up Flyrobe owned by Omapal Technologies Pvt. Ltd has raised $5.3 million in a Series A funding round led by IDG Ventures, with participation from existing investor Sequoia Capital. Tokyo-based GREE Ventures also participated in this round, the company said. Link
Co-working space provider 91springboard has raised an undisclosed amount of funding from Khattar Holdings, ThirtyThree Investments and others. Other investors who participated in this round include angel investorSoumitra Sharma, Deepak Sharma (former Chairman of Citi Private Bank), Sumit Dayal (Global head corporate finance at Standard Chartered Bank) among others. Link
For the first time ever, a private space venture in India has been contracted to carry a payload to the Moon for a global space agency. The venture, Bengaluru-based Team Indus, among the frontrunners in the GoogleXPrize competition to put a privately-funded craft on the Moon by December 2017, will carry a new line ofRead more
TRA represented GirnarSoft in its strategic investment into Advanced Structures India. GirnarSoft will leverage ASI’s expertise in testing to improve car search experience on its portfolio of auto sites. Link
TRA represented Toko Innovations Studio in its VC fund-raise from Indian Angel Network among other investors. Bangalore-based Toko Innovations Studios Pvt. Ltd, which runs a children’s entertainment portal called Imaginry, has raised Rs 3 crore (around $450,000) in angel funding led by Roopak Saluja, founder and CEO of The 120 Media Collective, and Vishal KhareRead more
The Ikigai Law team (formerly TRA) advised on the UK based Man Capital – CollegeDekho investment deal. Man Capital is the global investment arm of Mansour Group. This deal marks the Mansour Group’s first investment in an Indian startup. We had previously advised on the CollegeDekho – Girnar Software Pvt Ltd investment deal as well. Link