Logistics startup Delhivery Pvt. Ltd has raised Rs 200 crore ($30 million) from China’s Fosun International as part of a larger funding around, reported VCCircle..Fosun’s investment was part of a round that saw Delhivery raising Rs. 655 crore ($100 million) from private equity firm Carlyle Group and existing investor Tiger Global in February..Khaitan & Co advised Fosun International with a team led by Corporate Partner Bharat Anand along with Senior Associates Nidhi Killawala and Vrinda Agarwal..Khaitan due diligence team included Senior Associates Aishwarya Nagpal and Nitish Goel and Associates Charu Chitwan, Anish Jaipuriar and Bharat Gupta..Counsel Shailendra Bhandare and Associate Vidhi Kotak advised on intellectual property aspect..Samvad Partners acted for Delhivery and the team was led by Delhi Partner Ashwini Vittalachar along with Associates Riddhima P. Murjani, Merlyn Abraham and Apoorva Chandrika. The team was also supported from time to time by Partner Harish Narasappa and Consultant Sanjeet Malik..Luthra & Luthra Law Offices advised Carlyle along with Clifford Chance team.Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP advised Tiger Global
Logistics startup Delhivery Pvt. Ltd has raised Rs 200 crore ($30 million) from China’s Fosun International as part of a larger funding around, reported VCCircle..Fosun’s investment was part of a round that saw Delhivery raising Rs. 655 crore ($100 million) from private equity firm Carlyle Group and existing investor Tiger Global in February..Khaitan & Co advised Fosun International with a team led by Corporate Partner Bharat Anand along with Senior Associates Nidhi Killawala and Vrinda Agarwal..Khaitan due diligence team included Senior Associates Aishwarya Nagpal and Nitish Goel and Associates Charu Chitwan, Anish Jaipuriar and Bharat Gupta..Counsel Shailendra Bhandare and Associate Vidhi Kotak advised on intellectual property aspect..Samvad Partners acted for Delhivery and the team was led by Delhi Partner Ashwini Vittalachar along with Associates Riddhima P. Murjani, Merlyn Abraham and Apoorva Chandrika. The team was also supported from time to time by Partner Harish Narasappa and Consultant Sanjeet Malik..Luthra & Luthra Law Offices advised Carlyle along with Clifford Chance team.Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP advised Tiger Global