AK Law Chambers, Trilegal, Themis, Jerome lead on Quick Ride 100 crore fund raise

Bar & Bench May 11 2019

Shared mobility startup Quick Ride has raised Rs 100.78 crore ($14.3 million) from Naspers and venture capital firms Sequoia Capital India and Venture Highway as part of its Series B round of funding.

Naspers alone brought in Rs 57.61 crore (around $8 million), Inc42 reported while Sequoia invested Rs 25.2 crore and the remaining was pooled in by Venture Highway.

Client Law Firm Lawyers
Quick Ride AK Law Chambers Partner: Goda Raghavan

Associate: Smriti Krishnan

Naspers Trilegal Partners: Yogesh Singh and Upasana Rao

Associates: Dhruv Chatterjee and Avantika Kulshrestha

Sequoia Capital Themis Associates Partner: Archan Chakraborty 

Associate: Ayush Mohan.

Venture Highway Jerome Merchant+Partners  Partner: Sameer Sibal 

Associates: Ankur Gupta and Rishabh Gupta

Quick Ride, which is operated by iDisha Info Labs Pvt. Ltd, had raised its Series A round from the same set of investors, reported VCCircle.

 

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