ARTICLE
18 July 2024

IndusLaw Deal Report - Accel - NewMe

I
CMS INDUSLAW

Contributor

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.
Our firm advised Accel India and Fireside Ventures, in relation to its Series A funding in Fraicheur Retail Private Limited ("NewMe").
India Law Department Performance

Our firm advised Accel India and Fireside Ventures, in relation to its Series A funding in Fraicheur Retail Private Limited ("NewMe"). This round was led by Accel with participation from existing investors such as Fireside Ventures and AUM Ventures. 1

INDUSLAW Team:

Aakash Dasgupta (Partner), Anantha Krishnan Iyer (Partner), Srushti Shanbhag (Senior Associate), Arnab Chakraborty (Associate), with strategic inputs from Anindya Ghosh (Partner).

Other law firms involved:

  • Shardul Amarchand Mangaldas & Co. – NewMe

Footnotes

1 https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/newme-raises-usd-18-million-in-series-a-round-led-by-accel partners/111829997

2 https://yourstory.com/2024/07/funding-fast-fashion-retailer-newme-18m-accel-fireside

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