India:
Deal Announcement: NABVENTURES Exits FRAAZO
20 October 2021
Acuity Law
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We are pleased to announce that Acuity Law acted as the legal
advisor to NABVENTURES in its exit from FRAAZO. This was
NABVENTURES' first exit transaction. NABVENTURES sold its
minority stake in FRAAZO (a D2C brand in the fresh fruits and
vegetables market) to incoming investor Westbridge Capital. Acuity
Law assisted NABVENTURES in finalising the share purchase agreement
and provided support for closing the transaction.
The team at Acuity Law comprised of Souvik Ganguly, Akhil Ramesh
and Aman Bagaria. Fraazo was represented by Lex Consult and
Westbridge Capital was represented by AZB & Partners.
To read more about the transaction please see here: https://www.vccircle.com/nabventures-sells-three-month-bet-clocking-2-5x-return-marks-first-exit
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