Our firm advised Accel India and Fireside Ventures, in relation to its Series A funding in Fraicheur Retail Private Limited ("NewMe"). This round was led by Accel with participation from existing investors such as Fireside Ventures and AUM Ventures. 1INDUSLAW Team:Aakash Dasgupta (Partner), Anantha Krishnan Iyer (Partner), Srushti Shanbhag (Senior Associate), Arnab Chakraborty (Associate), with strategic inputs from Anindya Ghosh (Partner). Other law firms involved:Shardul Amarchand Mangaldas & Co. – NewMeFootnotes1 https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/newme-raises-usd-18-million-in-series-a-round-led-by-accel partners/1118299972 https://yourstory.com/2024/07/funding-fast-fashion-retailer-newme-18m-accel-firesideThe content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Source: Economic Times July 19, 2024 09:11 UTC