Rajaram client Lenskart gets $231m from Softbank with SAM, W&C, now worth more 1.5 billion

Friday, 27 December 2019 By Legally India Private equity / VC

NEW DELHI: SoftBank has invested about $231 million (Rs 1,645 crore) in Lenskart Solutions after months of negotiations with the eyewear solutions company. The Japanese group will back the Faridabad-based company, now valued at $1.5 billion from its second Vision Fund The financing round was first reported by ET in its edition dated May 27.

— The Economic Times

Rajaram Legal advised Lenskart Solutions Private Limited, Chiratae (formerly IDG Ventures) and Ronnie Screwvala’s Unilazer Ventures led by a team of Rajaram Legal advised Lenskart Solutions Private Limited as well as existing investors, Chiratae (formerly IDG Ventures) and Ronnie Screwvala’s Unilazer Ventures, led by managing partner Archana Rajaram, along with senior associate Tanish Gupta and associate Vedanta Chakrabarty.

Shardul Amarchand Managaldas acted for Softbank led by partner Raghubir Menon along with principal associate Deepa Rekha and senior associate Pragya Seth.

White & Case advised Softbank, led by partner Emmie Jones and associate Disha Chandrachud.

2019-12-21

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Rajaram LegalShardul Amarchand ManagaldasWhite & Case

Comments

Nepotism much? 27 Dec 2019, 16:31
+0 -5
DYC lol.
Troll much? 28 Dec 2019, 05:32
+5 -0
How is this nepotism? Is DYC involved in the hiring process for law firms now? Are relatives of judges not expected to work in law firms? Should women who marry into prominent legal families just sit at home and work in the kitchen? Will you then be satisfied that there is no nepotism or favouritism working in their favour? This is ridiculous troll behaviour.
Guest 28 Dec 2019, 06:18
+1 -0
Don't feed the troll. He wants you to do exactly that.
Not troll 28 Dec 2019, 06:52
+0 -1
I think the issue is not what she can do but the whole urging by the judiciary that lawyers must practice at the bar and then you have a family member of a senior judge who is not only a corporate lawyer but in a foreign firm, doing India work.
Most certainly troll! 28 Dec 2019, 07:35
+3 -0
How exactly is that "nepotism"? It could arguably be "hypocrisy", but again, that argument makes no sense either, as you would then be assuming that someone who is related to a judge HAS to subscribe to that judge's views on an issue.

I don't know who this person is, but she is perfectly entitled to form her own career choices, irrespective of her judge-relative's views on the matter - that would not be hypocrisy at all!
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