Desai & Diwanji represent Pavestone Technology in a deal
It is probably the largest venture capital funding into the defence sector
By : Legal Era
Update: 2022-03-29 04:45 GMT
Desai & Diwanji represent Pavestone Technology in a deal
It is probably the largest venture capital funding into the defence sector
Indian law firm Desai & Diwanji have acted on the Pavestone Technology fund with Rs.160 crores investment in a drone technology startup.
Pavestone has invested in NewSpace Research and Technologies, a Bengaluru-based venture. The funding was raised at an undisclosed valuation.
Desai & Diwanji's Prerana Chaudhari (Associate Partner) led the transaction. She was assisted by Rahul Deodhar (Associate Partner), with inputs from Siddharth Mody (Partner).