IndusLaw Deal Report

No.  Headings            Details                                              
1. Completion/Closing Date September 2017
2. Name of our Client Oravel Stays Private Limited (“Oyorooms.com“); Ritesh Agarwal (“Founder“)
3. Name of Investor Lightspeed Venture Partners, Sequoia Capital, Softbank Vision Fund, Greenoaks Capital and Hero Enterprise
4. Type of transaction Private Equity Transaction
5. Transaction Description Softbank Vision Fund and Hero Enterprise, Along with the existing investors, subscribed to Series D preference shares in Oyorooms.com
6. Deal Amount http://tech.economictimes.indiatimes.com/news/startups/oyo-secures-250m-funding-led-by-softbank-vision-fund-and-hero-enterprise/60407458
7. Concerned Partner and Team Transaction team: Avimukt Dar (Partner), Nitin Gera (Senior Associate), Nikita Goyal (Associate) and Aayush Sood (Associate)

Employment Law: Avik Biswas (Partner)

Regulatory Law: Saurav Kumar (Partner)

8. Role of Firm Legal counsel to Oyorooms.com and the Founder
9. Other Law Firm inbolved (details of the partners & Associates) SoftBank Counsels:
Morrison & Foerster LLP (Hong Kong): Mr. Amit Kataria (Partner)
Cyril Amarchand Mangaldas (Mumbai): Shishir Vayttaden (Partner)

LSVP Counsel:
Gunderson Dettmer: Jonathan C. Pentzien (Partner)

SCI Counsel:
Themis Law Associates: Amritha Salian (Partner)

Global Ivy Counsel:
AZB Partners: Nandita Govind (Partner)