6 September, 2019
Daily commute solutions startup, Chalo.com, has raised approximately USD 14 million from the set of existing as well as new investors such as Xiaomi, Shunwei Capital, Venture Highway among other investors. Venture Highway invested a total amount of USD 1.9 million in the Company.
Role – Jerome Merchant + Partners advised Venture Highway
Members of JM+P team: The team was led by Partner Sameer Sibal along with Associate Rishabh Amber Gupta
Other Legal Advisor
Role of other legal advisor- Nishith Desai and Associates advised the Company (Chalo)
Members of Nishith Desai and Associates team: The team was led by Partner Vaibhav Parikh along with Associate Saumya Ramakrishnan
Closing date of the transaction: April 04, 2019
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