NDA Represents Steadview Capital Mauritius

NDA represented Steadview Capital Mauritius Limited in the Pre-IPO Fund Raise by Unimech Aerospace.

Steadview Capital Mauritius Limited (“Steadview”) participated in the pre-IPO fund raise of approximately INR 250 Crores (USD 29 Million) by Bangalore based Unimech Aerospace and Manufacturing Limited (“Unimech”) along with two other investors ValueQuest Scale Fund and Evolvence India Fund IV Limited.

Unimech specialises in manufacturing of high-precision tools and equipment for aero-engines and airframes along with high precision components, assemblies, electro-mechanical turnkey systems for the aerospace, energy and semi-conductor industries.

Nishith Desai Associates acted as the transaction counsel for Steadview and advised them on legal, tax and regulatory aspects, including negotiation and finalisation of the transaction documents and closing of the round.

Deal team comprised Harshita Srivastava, Hetal Pandya and Anurag Shah.