Trilegal advises on PE investment in Super Agri Seeds

Rabo Equity Advisors-backed India Agri Business Fund has invested Rs. 50 crore ($9.9 million) in Super Agri Seeds..The Hyderabad office of Trilegal advised India Agri Business Fund. The Trilegal team was led by Partner D Pavan Kumar along with Associates Emil Joseph and Nayantara Kutty..Chartered Accountants firm Italia & Associates led the transaction for Super Agri Seeds..Trilegal Partner D Pavan Kumar said, “Hyderabad continues to be the hub for seed industry and we have been seeing a lot of interest in this sector from various funds. More deals in this sector are in pipeline and we are representing funds as well as promoters in these deals. ”.According to Dealcurry, Super Agri Seeds will use the funds to finance its expansion and set up Research and development centres in Hyderabad and in Bangalore..Super Agri markets about 140 hybrids and varietal seeds under the ‘Super Seeds’ brand, mainly in the Andhra Pradesh and Uttar Pradesh markets. The company, with strengths in cotton, corn, rice and vegetable, has lined up 60-62 new hybrid products in the next two years..India Agri Business Fund, a $120million fund instituted in 2008 for which Rabo Equity Advisors is an investment advisor, is planning to close the fund by this calendar year. Rabo is also planning its second fund, valued at $250 million.

Trilegal advises on PE investment in Super Agri Seeds

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