Shardul Amarchand Mangaldas advises Grofers International Pte. Ltd, Albinder Singh Dhindsa, and Saurabh Kumar in its Series G round of investment from KTB Asset Management Co. Ltd and KTBN GI Ventures Limited
Shardul Amarchand Mangaldas & Co. advised Grofers International Pte. Ltd (“Grofers”), Albinder Singh Dhindsa and Saurabh Kumar in its Series G round of investment. KTB Asset Management Co. Ltd. (“KTB AM”) and KTBN GI Ventures Limited (“KTBN GI”) participated in the Series G round for 0.60% and 1.38% stakes, respectively. The deal is valued at approximately USD 24 million.
The transaction team was led by Puja Sondhi, Partner; Shraddha Umesh Desai, Associate; and Paavani Gupta, Associate.
KTB AM and KTBN GI was advised by their in-house legal teams.
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