Deal Corner
January 18, 2023
Exor Leads Investment into Ultraviolette

Deal Brief

Exor Co-invest Fund I ILP (“Exor Capital”) led the Series D investment round in Ultraviolette Automotive Private Limited (“Ultraviolette”). The Series D investment round also saw participation from Qualcomm Ventures. Ultraviolette manufactures futuristic and high-end electric motorbikes which seek to redefine the sustainable automotive space.

Exor Capital has diverse investment portfolio which includes Ferrari, Juventus Football Club and Christian Louboutin amongst others.

Our Role

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

Press Coverage

https://www.financialexpress.com/express-mobility/ultraviolette-gets-funding-from-exor-capital-in-series-d-round/2643365/

https://timesofindia.indiatimes.com/city/bengaluru/ultraviolette-raises-funds-from-exor/articleshow/93788836.cms

https://www.business-standard.com/article/companies/ultraviolette-automotive-get-funding-from-qualcomm-ferrari-investor-122112200870_1.html

https://www.vccircle.com/ultravioletteraises-funds-from-ferrari-backer-exor-capital

 

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Deal Corner

January 18, 2023

Exor Leads Investment into Ultraviolette

Deal Brief

Exor Co-invest Fund I ILP (“Exor Capital”) led the Series D investment round in Ultraviolette Automotive Private Limited (“Ultraviolette”). The Series D investment round also saw participation from Qualcomm Ventures. Ultraviolette manufactures futuristic and high-end electric motorbikes which seek to redefine the sustainable automotive space.

Exor Capital has diverse investment portfolio which includes Ferrari, Juventus Football Club and Christian Louboutin amongst others.

Our Role

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

Press Coverage

https://www.financialexpress.com/express-mobility/ultraviolette-gets-funding-from-exor-capital-in-series-d-round/2643365/

https://timesofindia.indiatimes.com/city/bengaluru/ultraviolette-raises-funds-from-exor/articleshow/93788836.cms

https://www.business-standard.com/article/companies/ultraviolette-automotive-get-funding-from-qualcomm-ferrari-investor-122112200870_1.html

https://www.vccircle.com/ultravioletteraises-funds-from-ferrari-backer-exor-capital

 

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.