Deal Corner
June 15, 2023
NDA represents Steadview Capital LLC on its investment in Atomberg Technologies Private Limited

DEAL BRIEF

Atomberg Technologies Private Limited (“Atomberg”) raised USD 86 million in a Series C funding round led by Singapore investor Temasek Holdings and Steadview Capital LLC (“Steadview”), along with other existing investors. Atomberg is a pioneer in the manufacturing of smart and energy-efficient home appliances powered by the BLDC motor.

OUR ROLE

We, at Nishith Desai Associates, acted as the India counsel to Steadview. We advised them on the legal, tax and regulatory aspects of the transaction.

OUR CLIENTS

Steadview is a global investment firm headquartered out of London with offices in Mumbai and New York. Steadview makes concentrated long-term investments in both public markets and private equity with a primary focus on technology, consumer, financial and industrial sectors.

TEAM

Basava Rao

Akash Kumar

Hetal Pandya

Emriel Pereira

Harman Khorana

Aarathi Das

PRESS COVERAGE

https://www.bqprime.com/pti/biz-atomberg-fund

https://www.vccircle.com/temaseksteadview-co-lead-86-mn-round-in-atomberg

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.

Deal Corner

June 15, 2023

NDA represents Steadview Capital LLC on its investment in Atomberg Technologies Private Limited

DEAL BRIEF

Atomberg Technologies Private Limited (“Atomberg”) raised USD 86 million in a Series C funding round led by Singapore investor Temasek Holdings and Steadview Capital LLC (“Steadview”), along with other existing investors. Atomberg is a pioneer in the manufacturing of smart and energy-efficient home appliances powered by the BLDC motor.

OUR ROLE

We, at Nishith Desai Associates, acted as the India counsel to Steadview. We advised them on the legal, tax and regulatory aspects of the transaction.

OUR CLIENTS

Steadview is a global investment firm headquartered out of London with offices in Mumbai and New York. Steadview makes concentrated long-term investments in both public markets and private equity with a primary focus on technology, consumer, financial and industrial sectors.

TEAM

Basava Rao

Akash Kumar

Hetal Pandya

Emriel Pereira

Harman Khorana

Aarathi Das

PRESS COVERAGE

https://www.bqprime.com/pti/biz-atomberg-fund

https://www.vccircle.com/temaseksteadview-co-lead-86-mn-round-in-atomberg

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.