Five Elms Capital Management, LLC, a leading global growth equity firm that invests in fast-growing B2B software businesses, has participated in the Series A funding round of Vajro, Inc. for US$8.5 million. Vajro, Inc., is one of the fastest growing mobile app builders for the ecommerce sector. Majmudar & Partners advised Five Elms on the Indian law aspects of this deal. The team from Majmudar & Partners comprised of Partner and Head of the M&A Practice, Rukshad Davar, Associate Partner, Kritika Agarwal, Associate, Rahul Datta and Associate, Ayushi Bansal. Husch Blackwell advised Five Elms on US law aspects.
Five Elms Capital Management, LLC's acquisition of minority stake in Vajro, Inc.
HIGHLIGHT1 February 2022