Khaitan, Themis on $8m infusion in Bira by Sequoia

Tuesday, 12 September 2017 By Legally India Private equity / VC

“B9 Beverages Pvt. Ltd has raised around $8 million from venture capital fund Sequoia Capital India Advisors, said Ankur Jain, founder of the company that sells the popular Bira 91 craft beer. With the latest round of funding from Sequoia Capital, B9 Beverages has so far raised around $30 million,” reported Mint.

Khaitan & Co partner Joyjyoti Misra, senior associate Nidhi Killawala and associate partner Ritu Shaktawat acted for B9 Beverages.

Themis Associates Mumbai partner Siddharth Manchanda and associate Alimpan Chatterjee acted for Sequoia.

Khaitan & CoThemis Associates

Comments

How does it matter? 12 Sept 2017, 07:32
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Isn't Ashwani now working with Sequoia and not Themis Associate?
Qrias 12 Sept 2017, 08:37
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Kian, isn't Ashwani Verma part of the in-house legal team of Sequoia ? has he left recently to come back to Themesis ?
Lexistan 12 Sept 2017, 08:55
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Kian, Mr. Ashwani Verma is legal counsel at Sequoia. He was an AP at Themis Associates before joining Sequoia.
Market goss 12 Sept 2017, 12:17
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Interesting!!!
Babu Moshay 12 Sept 2017, 14:14
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There is no diff between Themis and Sequoia - they are one and same!
Prachishrivastava 12 Sept 2017, 11:55
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Hi

Thank you for your comments.

Ashwani Verma is indeed with Sequoia since October 2016, and it was Sandeep Manchanda who acted from Themis on this deal.

We have double checked with Themis and made the correction now.

Best wishes
Prachi
Alias 12 Sept 2017, 13:25
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Siddharth is mumbai baed...atleast check your facts before publishing!
Lol 15 Sept 2017, 13:01
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Superb....Was not aware that Siddharth changed his name to Sandeep Manchanda.
tu kaun 15 Sept 2017, 04:44
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Looks like Themis is doing vey well these days with all transactions going to them? New K law in the manking? hmmmm
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