Verist, JMP, Algo, Mahindra in-house do $18.2m Series D for logistics player Porter

On-demand logistics marketplace Porter has raised Rs 140 crore from Lightstone Global Fund.

Yourstory

Verist Law advised the company Porter, led by partner Shristi Ojha along with senior associate Suswagata Roy.

Jerome Merchant + Partners advised Lightstone Fund SA led by a team of partner Sameer Sibal along with associates Rishabh Amber Gupta and Nirav Bakshi.

Algo Legal advised the existing investor Sequoia Capital, led by partner Siddharth Manchanda.

Mahindra and Mahindra Limited, existing investor in the company, were advised by its in-house legal counsel.

Deal value: INR 140 crores (approximately $20m)

2020-04-11

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Comments

Onlooker 28 Apr 2020, 14:32
+3 -0
Srishti has been growing Verist slowly, but surely. She now has a capable team and her business model is tailor-made for the post Covid era