Gurgaon-based Relevant e-solutions Pvt Ltd, the startup behind fashion-focused social network Roposo.com, has raised $15 million (Rs 98 crore) from existing investor Tiger Global Management..TMT Law Practice acted for Relevant with a team led by Partner Kaushik Moitra along with Aditya K. Singh..Nishith Desai Associates and Gunderson Dettmer acted for Tiger Global. The Nishith team was led by Bangalore partner Vaibhav Parikh while Gunderson team included Senior Associate Allison Ames Gary and Counsel Salil Gandhi..TMT shares a long-standing relationship with Roposo and has been assisting them in all of their legal transactions including the initial investment by Tiger Global and Binny Bansal..Moitra said, “The transaction required the company to be compliant as per the new provisions of the Companies Act within the prescribed timelines. Our focus was to ensure that statutory compliances are met and interests of the existing and new stakeholders’ are aligned.”
Gurgaon-based Relevant e-solutions Pvt Ltd, the startup behind fashion-focused social network Roposo.com, has raised $15 million (Rs 98 crore) from existing investor Tiger Global Management..TMT Law Practice acted for Relevant with a team led by Partner Kaushik Moitra along with Aditya K. Singh..Nishith Desai Associates and Gunderson Dettmer acted for Tiger Global. The Nishith team was led by Bangalore partner Vaibhav Parikh while Gunderson team included Senior Associate Allison Ames Gary and Counsel Salil Gandhi..TMT shares a long-standing relationship with Roposo and has been assisting them in all of their legal transactions including the initial investment by Tiger Global and Binny Bansal..Moitra said, “The transaction required the company to be compliant as per the new provisions of the Companies Act within the prescribed timelines. Our focus was to ensure that statutory compliances are met and interests of the existing and new stakeholders’ are aligned.”