A91 Emerging Fund I LLP | Investment in Inshorts

The details of the deal are as follows:

Sector: Private Equity, Venture capital, Online Media, Digital Media, Social Media 

Announcement Date: 24 March 2021 

Completion Date: 24 March 2021   

Name of Client: A91 Emerging Fund I LLP 

Investor Details: A91 Emerging Fund I | India  

A growth equity fund backed by International Finance Corporation, and focusing on early and mid-stage start-ups. 

Deal Description: Advised A91 Emerging Fund I on its investment in the Public App. A91 was the lead investor in this round and the existing investors also participated in this round. 

Total Consideration:  USD 42.5 million 

Team Members:  Rishabh Bharadwaj (Partner), Kamna Kumar (Senior Associate) 

Role of Firm: Advisors to A91 (Lead Investor) 

Other legal advisors if any with names of Lead Lawyers:  Additions: Gunderson Dettmer Stough Villeneuve Franklin & Hachigian. Inshorts: Shardul Amarchand Mangaldas. Tanglin: Khaitan & Co.