ELP debuts for Google Capital, with Bharucha, Themis, BMR Goodwin on CarDekho funding

Wednesday, 23 March 2016 By Prachi Shrivastava Private equity / VC

Economic Laws Practice advised Google Capital on leading a funding round in GirnarSoft’s auto classified ads website CarDekho. GirnarSoft was advised by Bharucha & Partners. Themis Associates advised Sequoia, BMR Legal advised Times Internet and Goodwin Proctor advised Hillhouse Capital and Tybourne Capital – investors which were also part of the round.

ELP Mumbai partners Suhail Nathani and Darshan Upadhyay, associate partner Amit Manubarwala and associate manager Ananthram Ganesh acted for Google Capital on ELP’s first instruction for Google’s investment arm.

Bharucha Mumbai senior partner Alka Bharucha, senior associate Siddharth Manchanda and associate Swathi Girimaji acted for Girnar.

Themis principle associate Ashwini Verma and associate Abhishek Dwivedi acted for Sequoia.

BMR Delhi partner Amit Khansaheb and managing associate Nikhil Sachdeva acted for Times Internet.

Goodwin Hong Kong partner Yash Rana and associates Ananth Lakshman and Abhishek Krishnan acted for Hillhouse and Tybourne.

This round was earlier reported by the Times of India to range between Rs 150 crore to Rs 200 crore, and will value the eight year-old CarDekho at about $400m, according to the Economic Times’ sources.

Economic Laws PracticeBharucha & PartnersThemis AssociatesBMR LegalGoodwin ProctorEconomic Laws Practice (ELP)Goodwin Procter

Comments

Themis mystery 23 Mar 2016, 08:34
+3 -3
The strange relationship between Sequoia and Themis continues where Themis continues to act for the fund despite there being no partners in the firm. Show me one other instance where a fund uses a firm which has no partner in the firm and only has senior associates or principal associates.
Kian Troller 26 Mar 2016, 14:31
+2 -0
Kian, tell me how 'principled' is this associate?
Market Analyst 27 Mar 2016, 11:34
+1 -4
This anti-Themis ranting that people have nonstop going on needs to stop, Themis has sailed through rough waters and has been successful in retaining (and redeeming) itself. If you've watched the firm closely, people who've "left" Themis in the past have made it to reasonably bigger places (which shows that there's something to learn at Themis).
1Guest 23 Mar 2016, 11:11
+0 -0
why are u censoring this?

http://indianexpress.com/article/cities/jaipur/jaipur-faculty-requested-to-contribute-rs-500-each-for-wedding-of-v-cs-son/

http://www.thehindu.com/todays-paper/tp-national/law-varsity-seeks-contribution-towards-gift-for-vc/article8358639.ece
kianganz 23 Mar 2016, 11:32
+0 -0
We had it on our Facebook page a while ago, but it's a bit gossipy for mainstream news value no?
Prana\/ 23 Mar 2016, 11:33
+4 -0
Ananthram and Ananth Lakshman on one deal? What were the odds of that happening?
Commenting is closed for this article.