BigBasket … announced 100% acquisition of online milk delivery app DailyNinja. The deal will help the Bengaluru-based online grocer to consolidate its position in the subscription delivery space in the city, the firm said.

— The Financial Express

Algo Legal advised DailyNinja Delivery Services Private Limited led by a team of associate partner Prateek Mohapatra, senior associate Tushar Timmiah, associate Shubham Barua, associate Punit Khandelwal.

Cyril Amarchand Mangaldas advised Big Basket, with a team including principal associate S Harish and senior associate Malavika Chandu.

Rajaram Legal partner Prasad Subramanyan and associates Nikhil Joseph and Vibhu Khanna advised the existing investors, Sequoia Capital, Saama and Matrix, and the exiting investors.

2020-03-25

Deal value: Confidential

{incomplete}