Algo for FarEye robotics in $25m JSA-Microsoft, CAM-8 Roads, OMM-Honeywell Series D

NEW DELHI: FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round.

— Mint

Algo Legal advised Robotic Wares Private Limited (FarEye) led by a team of partner Minhaz Lokhandwala and senior associate Utsav Gandhi. (Lokhandwala has since joined IndusLaw.)

J Sagar Associates (JSA) advised Microsoft.

Cyril Amarchand Mangaldas acted for Eight Roads.

O Melveny & Myers LLP acted for Honeywell.

2020-04-11

Deal value: USD 25 million

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Comments

Wake Up LI 27 Oct 2020, 04:07
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Two things Kian:

1. As per your reports, Minhaz has joined Indus in August; and
2. The link to the article is not working.

Maybe look more carefully while posting an article next time?
kianganz 27 Oct 2020, 04:39
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Thanks for your comment. The link to Mint now fixed, and have added a short update to mention Minhaz's move.
Also note though that deal reports (for the purposes for our database) are historical and intended to reflect the instructions won by a firm / partner at a specific point in time, so Algo would still get the primary deal credit for this one.
J.SA 28 Oct 2020, 15:37
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deal team from JSA and CAM?