Vertices forfashion-tech startup StyleDotMe’s $0.5m pre-Series A by Survam Partners, IAN, others (Mar ‘20)

Gurugram-based fashion tech startup StyleDotMe on Monday announced that it has raised Rs 3.5 crore in a Pre-Series A funding round led by Survam Partners, with participation from Bobby Kothari, Director, Jewelex India as a strategic investor, and existing investor IAN (Indian Angel Network).

Yourstory

Vertices Partners advised Styledotme Fashion and Lifestyle Private Limited led by a team of managing partner Vinayak Burman, founder partner Archana Khosala, associate partner Sohini Mandal and senior associate Hardik Thakker.

The investors were advised by their respective in-house legal teams.

2020-03-01

Deal value: IN(USD 0.5 million)

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Comments

Guest 2 Jul 2021, 10:57
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A 3.5 Crore deal.

Vertices is an expensive law firm. There are other people/issues where they have to spend money just for raising this small amount. Like Banks & Accountants.

How much will be the fees Vertices is taking for this deal?
Penalty 2 Jul 2021, 18:38
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Probably 50k. That's why the lawyers are paid horribly
Umm what 30 Jul 2021, 13:16
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A 3.5 crore deal the staffing for which (at least on paper) includes the managing partner and the founding partner. What?