Khaitan & Co advises Bertelsmann Nederland B.V. for investment in Krishiacharya Technologies Private Ltd

Bertelsmann Nederland B.V | Investment in Krishiacharya Technologies Pvt. Ltd

 

NO

HEADINGS

DETAILS

1. Sector Agri Tech
2. Announcement Date  
3. Completion Date 07-Feb-2022
4. Name of Client Bertelsmann Nederland B.V
5. Investor Details Bertelsmann Nederland B.V. | Netherlands
RTP Global Partners III L.P. | GUERNSEY
Surge Ventures II | Mauritius
ON Mauritius II | Mauritius
BI Fund I A series of Better Capital LP | United States of America
6. Target Details Krishiacharya Technologies Private Limited | India
7. Deal Description Advised Bertelsmann Nederland B.V. for its investment in Krishiacharya Technologies Private Limited (“Company”, which inter alia runs the online B2B platform ‘BIJAK’ for agricultural commodities) as the lead investor in the USD 20 million (approx.) Series B funding round of the Company.
8. Total Consideration USD 20 million
9. Team Members The core team consisted of Mayank Singh (Partner), Mukul Aggarwal (Principal Associate), Swati Garg (Associate), Jubin Jay (Associate) and Aditya Wadhwa (Associate)
10. Role of Firm Advised Bertelsmann Nederland B.V. for its investment in Krishiacharya Technologies Private Limited
11. Other legal advisors if any with names of Lead Lawyers Target company represented by Krishnamurthy & Co.
Mumbai

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