Making its second bet in the Indian start-up space, social networking giant Facebook has participated in a $110 million investment round in edtech enterprise Unacademy.

— Business Standard

Algo Legal advised Unacademy, operating as Sorting Hats Technology Private Limited, led by a team of partner Siddharth Manchanda and associate Anushree Kacker.

Bharucha & Partners represented General Atlantic, led by a team of partner Vandana Pai, associate Aditi Mallavarapu, associate Harleen Singh, associate Karnika Vallabh, associate Ayush Jain and associate Sonakshi Banerjee.

J Sagar Associates (JSA) acted for Facebook in India, led by joint managing partner Vivek K Chandy and senior associate Pooranimaa Hariharan and associate Vandana Venkatesh.

Fenwick and West LLP and represented Facebook, led by team comprising of Jordan Roberts from Fenwick and West LLP and

Algo Legal also acted for Sequoia Capital India, SAIF Partners India and Nexus Venture Partners led by associate partner Minhaz Lokhandwala.

2020-02-17

Deal value: USD 110 million

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Update 28 February 2020: Bharucha & Partners advised General Atlantic led by a team including P