We are pleased to announce that Acuity Law acted as the legal advisor to Rebright Partners III Investment Partnership (Rebright), Avaana Capital Growth Fund I (Avaana), and NABVENTURES FUND I (NABVENTURES), in their follow-on Series B investments in Nupa Technologies Pvt. Ltd (Eggoz). Eggoz raised about USD 8.8 million in this round! To read more about the transaction please click here.
Eggoz is an egg-focused consumer brand involved in procuring and delivering fresh and chemical free eggs from farmers to retailers.
Rebright is an Asia focused venture capital firm investing in early stage tech startups around Asia; Avaana is an early stage venture capital platform investing across climate and sustainability thematic areas; and NABVENTURES Fund I is managed by NABVENTURES Limited, a wholly owned subsidiary of the National Bank for Agriculture and Rural Development (NABARD).
Acuity Law assisted Rebright, Avaana and NABVENTURES in reviewing, negotiating and finalising the transaction documents.
The transaction team members at Acuity Law were Souvik Ganguly, Akhil Ramesh, Aman Bagaria and Shrishti Mishra.