Cyril Amarchand Mangaldas (CAM) advises Renee Cosmetics in securing INR 88 crores in Series C2 funding from existing investors namely Evolvence, Edelweiss and Equanimity. Our firm assisted in conducting a top-up vendor diligence on Renee Cosmetics and its subsidiary, OG Beauty, drafting the transaction documents, and assistance with conditions precedent and closing.
The General Corporate team of Cyril Amarchand Mangaldas advised on the matter. The transaction was led by Aditi Manchanda, Partner; with support from Naimi Kamdar, Senior Associate; and Ridhima Lohia, Associate.
Other parties and advisors to the transaction included Bathiya Legal, acted as Indian legal counsel for Edelweiss Discovery Fund -Series I; Evolvence India Fund IV Ltd, Exiting Investor; Equanimity Ventures Trust, Exiting Investor.
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