Shardul Amarchand Mangaldas & Co. advised Zolostays Property Solutions Private Limited to issue Series C Compulsorily Convertible Preference Shares to Investcorp, Nexus Ventures Partners, Mirae Assets Group and Trifecta Venture Fund Debt-II. The deal is valued at USD 56 million.
The transaction team was led by Arjun K. Perikal, Partner; Akshita Alok, Senior Associate.
Khaitan & Co. was the legal advisor of Mirae Asset Naver New Growthfund I, Mirae Asset GS Retail New Growthfund I, Mirae Asset Young Start -up investment fund I and CO -Living Parent PTE LTD.
Samvad partners were the legal advisor of Trifecta Venture Debt Fund II.
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