Fitshit Health Solutions Private Limited ("TWT", popularly, known as The Whole Truth), a leading Mumbai based food brand, raised USD 15 million (approx.) in its Series C round of funding led by Sofina Ventures S.A.
This round saw participation from existing investors including Z47, Peak XV Partners, and SauceVC. TWT has also received backing from notable angel investors, including Nithin Kamath (Zerodha), Sriharsha Majety (Swiggy), and Jaydeep Burman (Rebel Foods) in previous rounds.
Our firm advised Sofina Ventures S.A., on the transaction.
INDUSLAW Team:
Transaction Team: Siddharth Manchanda (Partner), Sumedha Mazumdar (Senior Associate), Praveen Hedge (Manager – Corporate Secretarial), Adarsh Joshi (Senior Executive – Corporate Secretarial), Roshni Mulchandani (Associate), Saket Mishra (Associate), Disha Chauhan (Associate), Shreya Parashar (Associate) and Tarun Pydah (Associate).
Taxation Team: Lokesh Shah (Partner), Gaurav Goyal (Principal Associate) and Aarya Jha (Associate).
Other law firms and advisors involved:
- Jerome Merchant Partners
- Rajaram Legal
Footnotes
2. https://www.outlookbusiness.com/start-up/news/the-whole-truth-twt-secures-15m-in-series-c-funding