Pando’s $9 Million Financing Round

IndusLaw advised Chiratae Ventures and Nexus Venture Partners.

Siemens investment arm Next47 has made its first direct investment in India, in a $9 million round in supply chain management software provider Pando. The round was led by Chiratae Ventures, along with existing investor Nexus Venture Partners.

Pando connects businesses to logistics vendors and aggregators and helps in optimizing their supply chain.

The IndusLaw team was led by Winnie Shekar (Picture).

Involved fees earner: Akhoury Winnie Shekhar – IndusLaw;

Law Firms: IndusLaw;

Clients: Chiratae Ventures; Nexus Ventures;

Author: Michael Patrini