The details of the deal are as under:
Announcement Date: 16-Oct-2020
Name of Client: Twitter Inc
Name of Investor: Twitter Ventures LLC | Singapore
Name of Target: Mohalla Tech Private Limited (dba. ShareChat) | India
Deal Description: Series D1 bridge round investment by Twitter Ventures LLC and others in Mohalla Tech Private Limited (dba. ShareChat)
Total Consideration: USD 41 million
Team Members: Sharad Moudgal (Partner), B N Vivek (Senior Associate) and Aarthi Sashikumar (Associate)
Role of Firm: Counsel to Twitter Ventures LLC
Other legal advisors if any: IndusLaw, Delhi