The COVID-19 pandemic might have posed challenges for the legal industry, but across the Asian region there are firms that have successfully overcome these challenges and continued to grow, either through headcount, or through revenue, or by continuing to add clients. The inaugural ALB Fast 30 list celebrates the tenacity and ambition of these firms. The list is in alphabetical order, and a few firms have been profiled.
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In Brief
Thursday, 13 May 2021 18:31 Private equity / VC
“Energy-efficiency-as-a-service startup Smart Joules has raised $4.1 Mn in its Series A funding round from various investors, namely ADB Ventures, the venture arm of Asian Development Bank (ADB), Sangam Ventures, Max I. Limited, cKinetics Accelerator, Dabur family’s Saket Burman and six other angel investors from India and the US.”, reported Inc42.
Antares Legal acted as the legal counsel for
BharatPe gives 18 of its angels an exit with up to 80X returns
The fintech startup says nine angel investors, including Kunal Shah, continue to hold stock worth Rs 107 crore, as per the latest Series D valuation.
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Fintech startup BharatPe has announced that 18 of its angel investors have exited the company after its Series D funding round. The angles have seen returns as high as 80X in two years. The statement said the company has already returned
Rs 102 crore in cash to its secondary investors, as against the initial angel round of
Rs 1.9 crore. Nine angel investors, including Kunal Shah, continue to hold stock worth Rs 107 crore as per the latest Series D valuation, said the statement.