Leading B2B e-commerce company ShopX, on Tuesday, said it has raised $35 million (₹240 crore) in a new round of funding from Fung Strategic Holdings Ltd (FSH).

— Hindu Business Line

J Sagar Associates advised Fung Strategic Group led by a team of partner Gerald Manoharan, Vikram Raghani, and Jamshed Bhumgara, Manuel Jose; senior associate Roshni Rathi; and associates Apoorva Sundar, Ayisha Mansoor and Sonakshi Das.

Nishith Desai Associates advised ShopX including a team of leader Parag Srivastava and senior associate Dipanshu Singhal.

Nandan Nilekani, an early backer of ShopX, was advised by Avigna Law.

2018-08-07

Deal value: USD 35 million

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