Goda Raghavan
AK Law Chambers, AZB & Partners, IndusLaw and Shardul Amarchand Mangaldas & Co (SAM) have advised parties involved in the USD27 million series B fundraising round for India-based baby products brand R for Rabbit.
AK Law Chambers counselled R for Rabbit, with partner Goda Raghavan leading the team with the assistance of associate Vismitha S.
Growth investment firm Filter Capital and early-stage venture capital firm 3one4 Capital led the funding round. IndusLaw advised Filter Capital, while AZB & Partners represented 3one4 Capital.
The deal comprised both a primary capital infusion and a secondary share sale, which facilitated the exit of early investor Xponentia Capital. The SAM team acted for private equity firm Xponentia Capital, which had invested around USD4.5 million in the company in 2021.
R for Rabbit is a direct-to-consumer brand launched in 2014, offering a broad range of baby products via its online store.