DSK Legal advised Control Alt Foods Private Limited (operating under the brand name Green Snack Co led by a team of partner Hemang Parekh, principal associate Jayesh Kothari and associate Supallab Chakraborty.
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In Brief By Kian Ganz
Friday, 07 May 2021 21:54 Private equity / VC
“Online fashion retailer Bewakoof has raised Rs 30 crore from homegrown venture capital fund IvyCap Ventures. The funds will be used to improve branding and technology, as well as launch new product categories.”, reported The Economic Times.
Stratage Law Partners advised
partner
Darshan Upadhyay, Gaurav Nair, Nidhish Mehrotra
Compared to some years ago when the Indian legal market was dominated by big names, we are now seeing the emergence of cutting-edge boutique law firms that are rivalling the former expertise and client service. Leaders from three such firms speak to ALB about their firms’ strategies, the impact of the pandemic and their future plans.
ALB: Can you tell us about your firm? When was it founded, and how has the journey been so far?
DARSHAN UPADHYAY: Stratage Law Partners is an acutely specialised, solution-oriented, and value-driven law firm. Our areas of practice are private equity, M&A, litigation (shareholders, governance-related and regulatory disputes), insolvency and real estate. We also do niche and select advisory work with family offices on their succession planning and wealth management.
Can GameStop frenzy happen in India?
A GameStop store is seen in the Jackson Heights neighborhood of New York City, New York
(Reuters)
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If you are someone who is into stock investing, you might have noticed the stories doing rounds about the US company called Gamestop. The stock price of this video game retail company surged a massive 1,900% in a brief period of one month. It has surged from $17 on 4 January, 2021 to $348 on 27 January. What is more interesting is the reason behind the surge. Basically, members of a Reddit group called WallStreetBets came together to manipulate the price of the company. They started to buy shares of the company as they came to know that a hedge fund is holding big short positions in the stock. This led to a short squeeze kind of situation and led to huge losses for the hedge fund which is filing for bankruptcy. So, the question that arises is can something like this happen in India?