Vertices, IndusLaw, CAM, IC Universal act on mCaffeine funding

Vertices, IndusLaw, CAM, IC Universal act on mCaffeine funding

The post-money valuation is worth Rs.1,000 crores

Vertices Partners, IndusLaw, Cyril Amarchand Mangaldas and IC Universal have acted on mCaffeine's Rs.240 crores series C funding.

Caffeine-infused D2C personal care brand mCaffeine, which is India's first, was led by Paragon Partners, valuing the start-up at Rs.1,000 crore.

The fund will be used for scaling up mcCaffeine's R&D capabilities to strengthen the brand and distribution. The company also plans to launch 15-20 more products in the upcoming year.

Those who participated in the funding round included Singularity Growth Opportunities Fund and Sharp Ventures, besides existing investors Amicus Capital Partners and RPSG Capital Ventures.

While Vertices Partners advised mCaffeine and the promoters with a team led by Founder and Managing Partner Vinayak Burman, IndusLaw advised Paragon Partners with a team led by Partners Karthik Ganapathy and Faraz Khan.

Cyril Amarchand Mangaldas advised Amicus Capital Partners and RPSG Capital Ventures with a team led by Partner Akshay Bhat, whereas, IC Universal Legal advised Singularity AMC with a team led by Partner Rowena De Souza.

Click to know more about Cyril Amarchand Mangaldas