Majmudar & Partners acts as Indian legal counsel to Five Elms Capital Management, LLC

by | Jan 31, 2022

Five Elms Capital Management, LLC, a leading global growth equity firm that invests in fast-growing B2B
software businesses have participated in the Series A funding round of Vajro, Inc. for US$8.5 million.

Vajro, Inc., is one of the fastest-growing mobile app builders for the eCommerce sector. Majmudar & Partners
advised Five Elms on the Indian law aspects of this deal.

The team from Majmudar & Partners comprised of Partner and Head of the M&A Practice, Rukshad Davar, Associate Partner, Kritika Agarwal, Associate, Rahul Datta, and Associate, Ayushi Bansal. Husch Blackwell advised Five Elms on US law aspects.

More News

US Fiscally Transparent LLC qualifies as a US Tax Resident

Sep 18, 2024

The Indian tax authorities have denied treaty benefits to fiscally transparent entities such as foreign partnership firms and limited liability corporations (LLCs) on the ground that such entities are not liable to tax in their home country and do not qualify as tax...

read more

ITR World Tax 2025 Rankings

Aug 30, 2024

We are pleased to share that we have been ranked by ITR World Tax in the practice areas of General Corporate Tax, Indirect Tax and Transfer Pricing. Akil Hirani, Managing Partner and Head of Transactions, and Ravi S. Raghavan, Partner - Tax and Private Client Group,...

read more

SEBI’s new proposal on FPI disclosures

Aug 2, 2024

The Securities and Exchange Board of India (“SEBI”) has released a consultation paper proposing to modify the disclosure requirements for large foreign portfolio investors (“FPIs”).  In August 2023, by its circular SEBI/HO/AFD/AFD-PoD-2/CIR/P/2023/148, SEBI...

read more

Akil Hirani interviewed by The Legal 500

Jul 19, 2024

Original source: Legal500.com Akil Hirani, Managing Partner and Head of Transactions, outlines the philosophy of the firm and explains how the firm is adapting to client needs. What do you see as the main points that differentiate Majmudar & Partners from your...

read more

Karnataka Gig Worker Law

Jul 15, 2024

The Karnataka government has recently issued the Karnataka Platform-Based Gig Workers (Social Security and Welfare) Bill, 2024 (Bill) and has invited objections/ suggestions from stakeholders.  The provisions of the Bill will apply to all platform aggregators in...

read more