{"id":282737,"date":"2023-01-30T17:30:19","date_gmt":"2023-01-30T12:00:19","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=282737"},"modified":"2023-01-30T16:24:58","modified_gmt":"2023-01-30T10:54:58","slug":"state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/","title":{"rendered":"Khaitan &#038; Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited"},"content":{"rendered":"<p>&nbsp;<\/p>\n<table style=\"border-collapse: collapse; margin-left: 0.0mm; margin-right: auto; table-layout: auto; width: 200.0mm; border-style: none;\">\n<colgroup>\n<col width=\"1\" \/>\n<col width=\"171\" \/>\n<col width=\"4\" \/>\n<col width=\"90\" \/>\n<col width=\"51\" \/>\n<col width=\"180\" \/>\n<col width=\"183\" \/>\n<col width=\"76\" \/><\/colgroup>\n<tbody>\n<tr>\n<td style=\"vertical-align: top; width: 0.34mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 45.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 1.04mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 23.71mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 13.57mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 47.7mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 48.33mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 20.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 0.34mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 45.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 1.04mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 23.71mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 13.57mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 47.7mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" rowspan=\"2\" valign=\"top\">\n<table style=\"border-collapse: collapse; margin-left: 0.0mm; margin-right: auto; table-layout: auto; width: 47.7mm; border-style: none;\">\n<colgroup>\n<col width=\"180\" \/><\/colgroup>\n<tbody>\n<tr>\n<td style=\"vertical-align: middle; width: 47.7mm; border-color: #000000; border-style: hidden; padding: 1.39mm 1.39mm 0.0mm 0.0mm;\" colspan=\"1\" valign=\"middle\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm; text-align: center;\"><span style=\"font-weight: bold; font-family: Calibri; font-size: 22.0pt;\">DEAL DETAILS<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td style=\"vertical-align: top; width: 48.33mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 20.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 0.34mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 45.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 1.04mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 23.71mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 13.57mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" rowspan=\"2\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\">\n<\/td>\n<td style=\"vertical-align: top; width: 48.33mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 20.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 0.34mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 45.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 1.04mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 23.71mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 47.7mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 48.33mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 20.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 0.34mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 45.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 1.04mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 23.71mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 13.57mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 47.7mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 48.33mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 20.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 0.34mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 199.67mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"7\" valign=\"top\">\n<table style=\"border-collapse: collapse; margin-left: 0.16mm; margin-right: auto; table-layout: auto; width: 198.84mm; border-style: none;\">\n<colgroup>\n<col width=\"751\" \/><\/colgroup>\n<tbody>\n<tr>\n<td style=\"background-color: #d3d3d3; vertical-align: top; width: 198.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-weight: bold; font-family: Calibri; font-size: 11.0pt;\">State Bank of India | Series I1 round of investment in Lenskart Solutions Private Limited<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 0.34mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 45.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 1.04mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 23.71mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 13.57mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 47.7mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 48.33mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 20.16mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 0.34mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"1\" valign=\"top\"><\/td>\n<td style=\"vertical-align: top; width: 199.67mm; border-color: #000000; border-style: hidden; padding: 0.0mm;\" colspan=\"7\" valign=\"top\">\n<table style=\"border-collapse: collapse; margin-left: 0.16mm; margin-right: auto; table-layout: auto; width: 198.84mm; border-style: none;\">\n<colgroup>\n<col width=\"63\" \/>\n<col width=\"266\" \/>\n<col width=\"423\" \/><\/colgroup>\n<tbody>\n<tr>\n<td style=\"background-color: #d3d3d3; vertical-align: top; width: 16.56mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm; text-align: center;\"><span style=\"font-weight: bold; font-family: Calibri; font-size: 11.0pt;\">NO<\/span><\/p>\n<\/td>\n<td style=\"background-color: #d3d3d3; vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm; text-align: center;\"><span style=\"font-weight: bold; font-family: Calibri; font-size: 11.0pt;\">HEADINGS<\/span><\/p>\n<\/td>\n<td style=\"background-color: #d3d3d3; vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm; text-align: center;\"><span style=\"font-weight: bold; font-family: Calibri; font-size: 11.0pt;\">DETAILS<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom; width: 16.56mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">1.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Sector<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\"> Retail; eCommerce<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom; width: 16.56mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">2.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Announcement Date<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom; width: 16.56mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">3.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Completion Date<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">23-Dec-2022<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom; width: 16.56mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">4.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Name of Client<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">State Bank of India<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom; width: 16.56mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">5.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Investor Details<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">State Bank of India | India <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom; width: 16.56mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">6.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Target Details<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Lenskart Solutions Private Limited | India <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 16.56mm; padding: 2mm 0.69mm 0.69mm 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">7.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Deal Description<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Primary investment by State Bank of India in Lenskart Solutions Private Limited (&#8220;Lenskart&#8221;) through participation in Series I1 round of investment. Lenskart is engaged in the: (a) primary business of manufacture and sale (including by way of retail) of eyewear products including eyeglasses, sunglasses, contact lenses, and eyewear accessories; and (b) secondary business of wholesale trading of eyewear products.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom; width: 16.56mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">8.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Total Consideration<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">USD 40 million for the entire round of investment<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 16.56mm; padding: 2mm 0.69mm 0.69mm 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">9.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Team Members<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">The core team consisted of Vineet Shingal (Partner), Saloni Mehta (Senior Associate), Sagarika Chandel (Senior Associate), Bimbita Kateel (Associate), Kritika Parakh (Associate)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top; width: 16.56mm; padding: 2mm 0.69mm 0.69mm 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p style=\"text-align: center;\">10.<\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 70.44mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Role of Firm<\/span><\/p>\n<\/td>\n<td style=\"vertical-align: top; width: 111.84mm; padding: 0.69mm; border: 0.85pt solid #000000;\" colspan=\"1\" valign=\"top\">\n<p class=\"Normal\" style=\"line-height: normal; margin-bottom: 0.0mm;\"><span style=\"font-family: Calibri; font-size: 11.0pt;\">Advised State Bank of India on its participation in Series I1 round of investment in Lenskart Solutions Private Limited by way of negotiating and finalising the transaction documents (ie, share subscription agreement and deed of adherence) and providing closing assistance.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; DEAL DETAILS State Bank of India | Series I1 round of investment in Lenskart Solutions Private Limited NO HEADINGS DETAILS 1. <\/p>\n","protected":false},"author":67011,"featured_media":282750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[2958,54811,54812,34954],"class_list":["post-282737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-Investment","tag-lenskart","tag-lenskart-solutions-private-limited","tag-state-bank-of-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Khaitan &amp; Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited | SCC Times<\/title>\n<meta name=\"description\" content=\"Primary investment by State Bank of India in Lenskart Solutions Private Limited through participation in Series I1 round of investment\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Khaitan &amp; Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited\" \/>\n<meta property=\"og:description\" content=\"Primary investment by State Bank of India in Lenskart Solutions Private Limited through participation in Series I1 round of investment\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-30T12:00:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"391\" \/>\n\t<meta property=\"og:image:height\" content=\"311\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/\",\"name\":\"Khaitan & Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg\",\"datePublished\":\"2023-01-30T12:00:19+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"Primary investment by State Bank of India in Lenskart Solutions Private Limited through participation in Series I1 round of investment\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg\",\"width\":391,\"height\":311,\"caption\":\"Khaitan & Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Khaitan &#038; Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Khaitan & Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited | SCC Times","description":"Primary investment by State Bank of India in Lenskart Solutions Private Limited through participation in Series I1 round of investment","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/","og_locale":"en_US","og_type":"article","og_title":"Khaitan & Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited","og_description":"Primary investment by State Bank of India in Lenskart Solutions Private Limited through participation in Series I1 round of investment","og_url":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2023-01-30T12:00:19+00:00","og_image":[{"width":391,"height":311,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/","url":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/","name":"Khaitan & Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg","datePublished":"2023-01-30T12:00:19+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"Primary investment by State Bank of India in Lenskart Solutions Private Limited through participation in Series I1 round of investment","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg","width":391,"height":311,"caption":"Khaitan & Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/30\/state-bank-of-india-series-i1-round-of-investment-in-lenskart-solutions-private-limited\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Khaitan &#038; Co advises State Bank of India on its participation in Series 1 round of investment in Lenskart Solutions Private Limited"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-98-1.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":366282,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/11\/11\/shardul-amarchand-mangaldas-advises-on-lenskart-ipo-2025\/","url_meta":{"origin":282737,"position":0},"title":"Shardul Amarchand Mangaldas Advises Book Running Lead Managers on Lenskart&#8217;s \u20b97,278 Crore IPO","author":"Editor","date":"November 11, 2025","format":false,"excerpt":"Shardul Amarchand Mangaldas & Co. advised the Book Running Lead Managers on Lenskart\u2019s \u20b97,278 crore IPO, comprising a \u20b92,150 crore fresh issue and a \u20b95,128 crore offer for sale.","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Lenskart IPO 2025","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Lenskart-IPO-2025.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Lenskart-IPO-2025.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Lenskart-IPO-2025.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Lenskart-IPO-2025.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":366654,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/11\/14\/cyril-amarchand-mangaldas-advises-lenskart-ipo-2025\/","url_meta":{"origin":282737,"position":1},"title":"Cyril Amarchand Mangaldas advises Lenskart on \u20b973 Billion IPO","author":"Editor","date":"November 14, 2025","format":false,"excerpt":"Cyril Amarchand Mangaldas advised Lenskart Solutions Limited and its promoters on the company\u2019s \u20b972,780 million IPO comprising a fresh issue and offer for sale, marking one of the most significant public offerings in the Indian retail tech sector.","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Cyril Amarchand Mangaldas Lenskart IPO","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Cyril-Amarchand-Mangaldas-Lenskart-IPO.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Cyril-Amarchand-Mangaldas-Lenskart-IPO.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Cyril-Amarchand-Mangaldas-Lenskart-IPO.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Cyril-Amarchand-Mangaldas-Lenskart-IPO.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":372759,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/01\/15\/cyril-amarchand-mangaldas-advises-uber-investment-carrum-mobility\/","url_meta":{"origin":282737,"position":2},"title":"Cyril Amarchand Mangaldas advised Uber Technologies, Inc. on its investment in Carrum Mobility Solutions Private Limited","author":"Editor","date":"January 15, 2026","format":false,"excerpt":"Structured in two tranches, the investment marks Uber\u2019s foray into India\u2019s rapidly growing fleet-tech segment, with Carrum operating EV and CNG fleets across major metropolitan cities.","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"CAM Advises Uber Investment","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/blog-2026-01-15T120606.377.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/blog-2026-01-15T120606.377.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/blog-2026-01-15T120606.377.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/blog-2026-01-15T120606.377.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":363897,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/10\/15\/cam-advises-cactus-partners-follow-on-investment-intangles\/","url_meta":{"origin":282737,"position":3},"title":"CAM advises Cactus Partners Fund I on its follow-on investment in Intangles Lab Pvt. Ltd.","author":"Editor","date":"October 15, 2025","format":false,"excerpt":"CAM had also advised Cactus Partners Fund I on its first Intangles Lab Private Limited participating in the Pre-Series B funding with Baring Private Equity India.","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"CAM advises Cactus Partners","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/CAM-advises-Cactus-Partners.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/CAM-advises-Cactus-Partners.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/CAM-advises-Cactus-Partners.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/CAM-advises-Cactus-Partners.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":291090,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/02\/khaitan-coadvises-aditya-birla-capital-limited-and-infocyber-india-private-limited-on-their-proposed-exit-from-aditya-birla-insurance-brokers-ltd-by-way-of-a-100-stake-sale-to-edme-services-priv\/","url_meta":{"origin":282737,"position":4},"title":"Khaitan &#038; Co advises Aditya Birla Capital Limited and Infocyber India Private Limited on their proposed exit from Aditya Birla Insurance Brokers Ltd by way of a 100% stake sale to Edme Services Private Ltd","author":"Bhumika Indulia","date":"May 2, 2023","format":false,"excerpt":"DEAL DETAILS Aditya Birla Capital Limited and Infocyber India Private Limited | Sale of 100% of Aditya Birla Insurance Brokers Limited to Samara Capital We advised Aditya Birla Capital Limited and Infocyber India Private Limited on their proposed exit from Aditya Birla Insurance Brokers Limited by way of a 100%\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"aditya birla insurance brokers ltd","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/aditya-birla-insurance-brokers-ltd.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/aditya-birla-insurance-brokers-ltd.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/aditya-birla-insurance-brokers-ltd.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/aditya-birla-insurance-brokers-ltd.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":373605,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/01\/23\/cyril-amarchand-mangaldas-advises-bessemer-sukino-healthcare-investment\/","url_meta":{"origin":282737,"position":5},"title":"Cyril Amarchand Mangaldas advised Bessemer Venture Partners on its investment in Sukino Healthcare Solutions Private Limited.","author":"Editor","date":"January 23, 2026","format":false,"excerpt":"The transaction involved a combination of primary investment and secondary acquisition from existing investors, including Stakeboat Capital, reflecting continued investor interest in India\u2019s healthcare services sector.","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"CAM Advises Bessemer Venture Partners","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/CAM-Advises-Bessemer-Venture-Partners.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/CAM-Advises-Bessemer-Venture-Partners.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/CAM-Advises-Bessemer-Venture-Partners.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/CAM-Advises-Bessemer-Venture-Partners.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/282737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=282737"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/282737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/282750"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=282737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=282737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=282737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}