Deal Corner
December 01, 2010
Bessemer Venture Partners and Lightspeed Venture Partners recently made an investment in Indian Energy Exchange Limited

DEAL BRIEF

Bessemer Venture Partners ("BVP") and Lightspeed Venture Partners ("LSVP") recently made an investment in Indian Energy Exchange Limited ("IEX") aggregating to INR 700 million. IEX is India's first and largest power trading exchange which provides an electronic platform to industry players for trading of electricity in India.

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to BVP and LSVP in this transaction and were involved in the process of negotiating and finalizing the transaction documents.

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

December 01, 2010

Bessemer Venture Partners and Lightspeed Venture Partners recently made an investment in Indian Energy Exchange Limited

DEAL BRIEF

Bessemer Venture Partners ("BVP") and Lightspeed Venture Partners ("LSVP") recently made an investment in Indian Energy Exchange Limited ("IEX") aggregating to INR 700 million. IEX is India's first and largest power trading exchange which provides an electronic platform to industry players for trading of electricity in India.

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to BVP and LSVP in this transaction and were involved in the process of negotiating and finalizing the transaction documents.

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.