Khaitan & Co, JSA act on Arboreal ₹230 crore Series A fundraise
Arboreal Bioinnovations Private Limited has raised ₹230 crore from a Series A fundraise led by Discovery Fund II (EAAA Alternatives) and Omnivore, with participation from Rainmatter by Zerodha. As part of the transaction, Rainmatter, EAAA Alternatives and Omnivore also acquired a minority stake through secondary share purchases from certain existing shareholders, Khaitan & Co advised Arboreal on this fundraise. The Firm's scope of work involved negotiations, marking up, finalisation and execution of transaction documents, and closing of the transaction. The transaction team consisted of Hardik Bhatia (Partner), Nishant Chris Mathews (Principal Associate), Rhythm Chopra (Senior Associate)…
Sources
- Bar & Bench - Dealstreet
- BSE corporate announcements · official
- NSE corporate announcements · official
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