Nishith Desai Associates: Deal Corner
Posted by By nishithadmin at 9 April, at 12 : 35 PM Print
Warning: count(): Parameter must be an array or an object that implements Countable in /web/qlc/nishith.tv/htdocs/wp-content/themes/Video/single_blog.php on line 46
Warning: count(): Parameter must be an array or an object that implements Countable in /web/qlc/nishith.tv/htdocs/wp-content/themes/Video/single_blog.php on line 52
SERIES B INVESTMENT IN JUSPAY
DEAL BRIEF
Vostok Emerging Finance (“VEF”), along with other investors, led the Series B investment round of approx. USD 21 million in JusPay Technologies Private Limited (doing business as JusPay). JusPay is a leading payment technology platform which has facilitated more than USD 10 billion of annualised payment volume for its customers. VEF is a leading Sweden based fund that invests in fintech companies across emerging markets. VEF’s investment in JusPay marks its first investment in India.
OUR ROLE
We, at Nishith Desai Associates, acted as the India legal counsel to VEF. We advised them on the legal, tax and regulatory aspects of the transaction.
NEWS AND MEDIA REPORTS RELATED TO THE DEAL:
https://inc42.com/buzz/juspay-bags-21-6-mn-to-expand-presence-in-india-overseas/
https://www.dealstreetasia.com/stories/juspay-vostok-emerging-182539/
Legal500 Asia-Pacific: Tier 1 for Tax, Investment Funds, Labour & Employment and TMT
2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012
Chambers and Partners Asia-Pacific: Band 1 for Employment, Lifesciences, Tax and TMT
2020, 2019, 2018, 2017, 2016, 2015
IFLR1000: Tier 1 for Private Equity and Project Development: Telecommunications Networks.
2020, 2019, 2018, 2017, 2014
AsiaLaw Asia-Pacific Guide 2020: Ranked ‘Outstanding’ for TMT, Labour & Employment, Private Equity, Regulatory and Tax
FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)
RSG-Financial Times: India’s Most Innovative Law Firm
2019, 2017, 2016, 2015, 2014
Benchmark Litigation Asia-Pacific: Tier 1 for Government & Regulatory and Tax
2019, 2018
Who’s Who Legal 2019:
Nishith Desai, Corporate Tax and Private Funds – Thought Leader
Vikram Shroff, HR and Employment Law- Global Thought Leader
Vaibhav Parikh, Data Practices – Thought Leader (India)
Dr. Milind Antani, Pharma & Healthcare – only Indian Lawyer to be recognized for ‘Life sciences – Regulatory,’ for 5 years consecutively
Merger Market 2018:Fastest growing M&A Law Firm in India