Lexstart Partners advised Arya Collateral Warehousing Services in its recent ₹1.5 billion (US$20.5 million) series B investment round that was led by Quona Capital and included LGT Lightstone, Aspada and Omnivore. Anisha Patnaik, managing partner of Lexstart Partners, led the firm’s team.
Algo Legal advised Quona Capital, with its team including managing partner Sandeep Kapoor and partner Abhinav Bhalaik. Desai & Diwanji advised Omnivore, with the firm’s team led by partner Siddharth Mody, and comprising senior associates Rahul Deodhar and Prerana Chaudhari. Tatva Legal advised Aspada, with partner Bhargava KS leading the firm’s team.
The deal was signed on 8 December 2020 and closed on 15 December 2020.