Online recharge and mobile wallet venture, MobiKwik has raised $25 million (Rs. 150 crore) in a Series B round led by Tree Line Asia..The other investors include Cisco Investments, American Express, and the existing investor Sequoia Capital..BMR Legal advised MobiKwik with a team led by Partner Amit Khansaheb along with Managing Associate Rishi Jain and Senior Associates Ankita Kumar and Tejas Patel..AZB & Partners acted for Cisco and Treeline with a team led by Partner Gautam Saha..Amarchand Mangaldas acted for Amex led by Partner Shilpa Mankar Alhuwalia..Themis Associates acted for Sequoia and the team was led by Partner Chetan Nagendra and Senior Associate Dheeraj Khanna..The firm will use the money in technology/data analytics verticals, brand building and growing the network of users and merchants, reports VCCircle.
Online recharge and mobile wallet venture, MobiKwik has raised $25 million (Rs. 150 crore) in a Series B round led by Tree Line Asia..The other investors include Cisco Investments, American Express, and the existing investor Sequoia Capital..BMR Legal advised MobiKwik with a team led by Partner Amit Khansaheb along with Managing Associate Rishi Jain and Senior Associates Ankita Kumar and Tejas Patel..AZB & Partners acted for Cisco and Treeline with a team led by Partner Gautam Saha..Amarchand Mangaldas acted for Amex led by Partner Shilpa Mankar Alhuwalia..Themis Associates acted for Sequoia and the team was led by Partner Chetan Nagendra and Senior Associate Dheeraj Khanna..The firm will use the money in technology/data analytics verticals, brand building and growing the network of users and merchants, reports VCCircle.
