“The Souled Store raises $3 million funding from RP-SG Ventures, others: The Souled Store plans to use the funding from RP-SG Ventures to bolster its backend and for marketing needs,” reported Mint. RP-SG acquired approximately 8% shareholding in the company through subscription of preference shares and purchase of equity shares from the promoters, Vedang Patel, Rohin Samtaney, Aditya Sharma and Harshvardhan Lal as part of first tranche investment.

DSK Legal advised RP-SG Ventures led by a team of partner Pritha Jha, principal associate Sanket Jain, principal associate Deepti Sarma, senior associate Taskeen Hamid and associate Parivesh Agarwal.

2018-11-11

Deal value: Rs 12 crores in the first tranche with another INR 10 crores in the 2nd tranche

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