Jasper Infotech, which runs the online marketplace Snapdeal.com, has raised $100 million (Rs 590 crore) in fresh round of funding from a group of new investors..The new investors include US-based BlackRock Financial Management, Singapore’s sovereign wealth fund Temasek, Hong Kong-based Myriad Asset Management and Tybourne Capital Management and PremjiInvest..Indus Law acted for its client Snapdeal with a team led by Bangalore-based Partner Srinivas Katta..Amarchand Mangaldas advised PremjiInvest with a team led by Bangalore Partner Arjun Lall..Trilegal acted for two investors, BlackRock and Myriad Asset Management. The Trilegal team led by Mumbai Partner Nishant Parikh along with Counsel Gautam Singh, Senior Associate Arun Anandaiah and Associate Arjun Sharma advised BlackRock while Partner Sridhar Gorthi along with Counsel Kunal Chandra and Associate Kabeer Mathur advised Myriad..Samvad Partners acted as Indian legal counsel for Tybourne Capital Management while Davis Polk & Wardwell LLP acted as international counsel. Samvad team was led by Partner Vineetha MG along with Senior Associate Apurva Jayant and Associate Anirudh Srinivas..In March Snapdeal had raised $134 million (Rs. 830 crore) from the existing investors led by eBay Singapore.
Jasper Infotech, which runs the online marketplace Snapdeal.com, has raised $100 million (Rs 590 crore) in fresh round of funding from a group of new investors..The new investors include US-based BlackRock Financial Management, Singapore’s sovereign wealth fund Temasek, Hong Kong-based Myriad Asset Management and Tybourne Capital Management and PremjiInvest..Indus Law acted for its client Snapdeal with a team led by Bangalore-based Partner Srinivas Katta..Amarchand Mangaldas advised PremjiInvest with a team led by Bangalore Partner Arjun Lall..Trilegal acted for two investors, BlackRock and Myriad Asset Management. The Trilegal team led by Mumbai Partner Nishant Parikh along with Counsel Gautam Singh, Senior Associate Arun Anandaiah and Associate Arjun Sharma advised BlackRock while Partner Sridhar Gorthi along with Counsel Kunal Chandra and Associate Kabeer Mathur advised Myriad..Samvad Partners acted as Indian legal counsel for Tybourne Capital Management while Davis Polk & Wardwell LLP acted as international counsel. Samvad team was led by Partner Vineetha MG along with Senior Associate Apurva Jayant and Associate Anirudh Srinivas..In March Snapdeal had raised $134 million (Rs. 830 crore) from the existing investors led by eBay Singapore.
