Trilegal advised Agrow Allied Ventures, along with its promoters and existing shareholders, on its first external fundraising round amounting to INR 186 crore. The transaction was undertaken with India Advantage Fund S5 I, a fund managed by ICICI Venture Funds Management Company. JSA Advocates and Solicitors has guided ICICI Ventures on this transaction.
The transaction comprised a combination of primary capital infusion and secondary sale by existing shareholders.
Agrow Allied Ventures is engaged in the manufacture of agrochemicals, including herbicides, insecticides and fungicides, and has a presence across more than 80 countries. Its product portfolio comprises over 15 technical products and more than 400 formulations, including specialty and patented offerings.
The Trilegal Corporate team advising on the matter was led by partner Nikhil Sachdeva and supported by associates C.N. Yashwanth and Madhur Patel.
The JSA team was led by partner Vikram Raghani, with support from partner Yashvi Singh, Vwastav Ghosh and associates Megh Panchal, Trisha Mishra, Tanya Byndoor, Hrithik Vyas, Samika Pachouly, Pranjal Shorey, Niki Shah and Garima Agarwal.
