Deal Corner
September 25, 2014
Multiples' Funds Invest in Delhivery

DEAL BRIEF

Multiples Private Equity Fund and Multiples Private Equity Fund I Limited have invested in SSN Logistics Private Limited, an e-commerce logistics company which operates under the brand ‘Delhivery’, in the Series C round of funding. Existing investors, Nexus Ventures and Times Internet Limited have also invested in the Series C round. The total investment in the current round was INR 2.1 billion which is one of the largest investments into an Indian e-commerce allied business.

OUR ROLE

We, at Nishith Desai Associates, acted as the legal counsel to Multiples Private Fund Equity Fund and Multiples Private Equity Fund I Limited.


Disclaimer

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Deal Corner

September 25, 2014

Multiples' Funds Invest in Delhivery

DEAL BRIEF

Multiples Private Equity Fund and Multiples Private Equity Fund I Limited have invested in SSN Logistics Private Limited, an e-commerce logistics company which operates under the brand ‘Delhivery’, in the Series C round of funding. Existing investors, Nexus Ventures and Times Internet Limited have also invested in the Series C round. The total investment in the current round was INR 2.1 billion which is one of the largest investments into an Indian e-commerce allied business.

OUR ROLE

We, at Nishith Desai Associates, acted as the legal counsel to Multiples Private Fund Equity Fund and Multiples Private Equity Fund I Limited.


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.