Shardul Amarchand Mangaldas advises Norwest Venture Partners X-Mauritius and Alpha Wave Ventures II in the Series B investment round of Mensa Brands – India’s fastest growing unicorn.
Shardul Amarchand Mangaldas & Co. advised Norwest Venture Partners X-Mauritius (NVP) and Alpha Wave Ventures II (Falcon) in the Series B investment round of Mensa Brands Technologies Pte. Ltd. (Singapore). The deal is valued at USD 135 million. The date of closing was 13th December 2021. Shardul Amarchand Mangaldas & Co. has also previously advised NVP, Accel India VI (Mauritius) Ltd and Alpha Wave Incubation, LP for Series A and Series A1 round of investment in Mensa Brands Technologies Pte. Ltd.
The transaction team was led by Aayush Kapoor, Partner; KS Bhargava, Partner; Shambhawi Mishra, Senior Associate; and Shraddha Desai, Associate.
Mundkur Law Partners, Bengaluru advised Mr. Ananth Sankaranarayanan, Bergwelt Pte. Ltd and Mensa Brand Technologies Pte. Ltd. Accel Partners was advised by its in-house legal team. Gunderson Dettmer Singapore, LLP advised Tiger and Prosus (other investors in the Series B round).