Shardul Amarchand Mangaldas advises FPL Technologies Private Limited to raise investments from Matrix India, Sequoia capital, Hummingbird Ventures and others
November 23, 2020
Shardul Amarchand Mangaldas & Co (SAM & Co) advised FPL Technologies Private Limited to raise investments from Matrix India, Sequoia capital and Hummingbird Ventures, along with a few angel investors by issuing equity shares/ compulsorily convertible preference shares. The deal is valued at approximately USD 10 million.
The Transaction team was led by Sugandha Asthana, Partner; Khushboo Sukhwani, Associate; Ila
Vyas, Associate; Nezhat Fouzdar, Paralegal.
Rajaram Legal advised Matrix India Partners and Sequoia Capital India and Hummingbird Ventures
were advised by Algo Legal.
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