By January, there were reportedly almost 1,000 ‘unicorns’ globally –¬ unicorns being the term venture capitalists use to describe privately-held startups with a valuation of $1bn plus. And recent scandals involving unicorns don’t seem to have had a chilling effect on investors.
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Despite a raging pandemic, the Indian startup ecosystem has attracted a rush of capital as the Indian startup ecosystem was able to demonstrate its resilience and has in fact been able to leverage the wave of digitization that covid-19 has resulted in.
Mridul Kumbalath as a partner in its real estate practice.
The 2008 Nuals Kochi graduate primarily advises developers, real estate lenders, corporates and funds, advising on pan-India real estate acquisitions, leases, securities, special economic zones regulations, agricultural land regulations and construction and development, according to the firm’s press release.
Cyril Amarchand Mangaldas managing partner Cyril Shroff commented: “We wish him all success.”
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Partner and Trilegal board member Saurabh Bhasin commented in a press release: “Mridul is a top-rated lawyer with strong client connects both regionally and nationally and we are absolutely delighted to have him join our formidable real estate practice.”