Rainshine Entertainment Private Limited invested in a media company and development platform Medverve Impact Ventures Private Limited (“ATS”)./strong>

Rainshine Entertainment Private Limited invested in ATS., a private limited company in the business of producing original journalism, documentaries and narrative non-fiction content across all formats including shows, films and digital properties. Rainshine will collaborate with ATS to offer strategic direction and drive growth.

Role:Jerome Merchant + Partners, Mumbai advised ATS alongwith its founders Supriya Nair, Sidin Vadukut, and Gaurav Vaz.

Members of JM+P team: The team was led by Partner Murtaza Somjee along with Associate Sumedha Kalra.

September 2019

India Infoline Limited (IIFL) invests approximately INR 40 Crores in craft beer brewey, White Owl Brewery Private Limited.

IIFL India Private Equity Fund, an investment arm of India Infoline Limited, invests approximately INR 40 Crores in White Owl Brewery Private Limited, a private limited company in the business of manufacturing craft beer and other related branded merchandise.

Role:Jerome Merchant + Partners, Mumbai advised IIFL India Private Equity Fund.

Members of JM+P team: The team was led by Partners Sameer Sibal and Shameek Ray along with Associates Nirav Bakshi and Rishabh Gupta.

September 2019

‘Digifin’ raises approximately INR 165 crores in Series A funding round.

Amica Financial Technologies Private Limited, led by Jitendra Gupta, raised approximately INR 165 crores in its Series A funding round from Matrix Partners, Sequoia Capital, Greyhound Capital Europe LLP, 3One4 Capital, Rocket Internet Capital Partners, BEENEXT Emerging Asia Pte Ltd., Tanglin Venture Fund I, LLC, Amrish Rau and other Angel Investors.

Role: Jerome Merchant + Partners, Mumbai advised the Company (Amica Financial Technologies Private Limited)

Members of JM+P team: The team was led by Partners Vishnu Jerome and Sameer along with Associate Komal Parakh.

October 2019

Amar Ujala buys majority stake in Cygnus Medicare for approximately INR 130 crores

Leading media firm Amar Ujala Ltd has acquired a majority stake in Cygnus Medicare Private Ltd, which operates a chain of super specialty hospitals, for around INR 130 crore as part of its expansion plans in the healthcare segment. The investment includes a significant primary commitment which includes the transfer of two Ujala Healthcare hospitals to Cygnus Medicare as well as the secondary investment which provides an exit to angel investors and a partial exit to existing institutional investors.

Role: Jerome Merchant + Partners, Mumbai advised the Company as well as the, Promoters and the existing investors i.e Somerset Indus Healthcare Fund I, Eight Roads Investments Mauritius II Limited and Evolvence India Fund II Ltd in the Company.

Members of JM+P team:The team was led by Partner Murtaza Somjee along with Associate Sumedha Kalra.

November 2019