December 09, Mumbai: CAM acted as the legal advisor to SFL in relation to: (a) its further investment in Furlenco by way of a preferential issue; and (b) structuring the rights package offered to other investors in the funding round. SFL is already a controlling shareholder of Furlenco.
Furlenco is a leading furniture company with a strong presence in the online segment and operations in key cities in India including Bengaluru, Mumbai and Delhi NCR.
The Transaction team was led by Anand Jayachandran, Partner with support from Kritika Dobhal, Senior Associate; Ipkshita Singh, Associate; and Neerali Nanda, Associate.
Gayathri Ramachandran, Partner; provided inputs on compliance with securities law requirements.
About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas (CAM) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm’s generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. With over 1100 lawyers including 220 Partners, the Firm is a full-service law firm with offices in key business centres at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and Abu Dhabi.
The Firm has been named “Law Firm of the Year 2025” and consistently recognised as “Best Overall Law Firm” by the IBLJ Indian Law Firm Awards. It received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive year in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm also won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.