Ad tech startup “Affle added Indian hedge fund Malabar Investments to its list of backers”, reported YourStory. The deal took place via a secondary sale of the shares of Affle (India) Private Limited to Malabar India Fund Limited and Malabar Value Fund.

ARA Law advised Malabar India Fund Limited and Malabar Value Fund led by a team of managing partner Rajesh Begur and lawyer Priyesh Sharma, who co-heads M&A.

2018-07-12

Deal value: USD 17 million

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