IndusLaw, Sahai & Co. act on 10 crore seed funding of UrbanClap by SAIF, Accel & Ors

Aditya AK April 24 2015

UrbanClap, a mobile services marketplace startup, has raised 10 crore in seed funding from SAIF Partners, Accel India and the founders of Snapdeal.

IndusLaw advised SAIF and Accel through a team comprising Senior Associate Anindya Ghosh and Associate Varsha Hittinhalli.

A team from Delhi-based firm Sahai & Co. comprising founder Savyasachi Sahai and Kalpana Yadav advised UrbanClap.

SAIF Partners and Accel India invested 4.6 crore each in the first closing, while the Snapdeal founders added the rest during the second closing.

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